it is generally understood the the market is a discounting mechanism, predicting what will happen in 3 to 6 months - the more likely answer to your why is that no one has a wit of faith that management can deliver anything positive, ever...
Why would there be a rally on the SP after announcing a distributor? Why? All it means is that Breon has contacted Metal Storm, proven there bona-fide's and subsequently got the rights to sell the MAUL. So why would there be a rally on that news. Its not taser saying we want to sell the MAUL. Its BREON. However whats not widely known is the owner of Breon is a man of great character who has a work history that shows he is an extremely smart operator. He has been taught to never give up, nor does he know the meaning of the word defeat. He also has the utmost understanding of the benefits of the maul. He can probably see that the maul could make the TASER obselete. MAUL is a much superior weapon that has none of the limitations that the taser has.
This is what is important about this announcement - The man doing the business knows his stuff.
SP to rise as a result, NO i dont think so. Eventually - ABSOLUTELY. The jigsaw is nearing completion. The next 13 days shallbe extremely entertaining I'd imagine.
it is still possible sp will recover over time, but 9 years of overhead will take forever to work off - clearly no one believes the story at this point, the absence of any rally after latest news being a case in point.
buy some RBCN at the open on Mon and you'll likely have profits to take by weeks end -
Funny some would downgrade a positive comment toward MST because of personal opinion. what a shame. amazing how other aliases are used. I on the side of my money; not imagination, theory or just left field crazy.
wg, here is a more objective analysis you're sure to appreciate - a perfect score of -100 - just like your SAT at Fredericksburg High...
METAL STORM LTD ADS (NASDAQ:MTSXY) Strong Downtrend Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders. Based on a pre-defined weighted trend formula for chart analysis, MTSXY scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
-10 Last Hour Close Below 5 hour Moving Average -15 New 3 Day Low on Tuesday -20 Last Price Below 20 Day Moving Average -25 New 3 Week Low, Week Ending May 7th -30 New 3 Month Low in May