the chart looks frightening, page-4

True before Wednesday the chart has no relevance.... therefor the bollinger bands and other indicators are likely to need time to settle.

On the other hand the last two days have left candle patterns that should be read with some warning...

I would call it pure gambling what people have thrown at MOG in the last 2 days... that can be exciting and rewarding. And like gambling there were more losers than winners yesterday. And the bad news for them is that there are still a bucket load of shares still in the money that may decide to lock in profits if it falls further. I would wait a little before I put my money in. OR at least till a price for cap raising is mentioned. And you might think I have sour grapes...no, I bought at 12 cents thanks to Gizzard mentioning it on the MEO thread.