I would have expected more volume as well. From my experience with $MEDL it takes a few days after to see some buzz. I mean the market cap is $17M so realistically the stock should be trading at these levels. However, there is the potential factor w/ app business, platform and now "Hang w/" the new video Twitter. I mean, I don't use twitter, so I won't use this either. Maybe some high schooler that wants to "hang w/" with Britney Spears or Ryan Seacrest will be on board. Blows my mind that this hasnt been exposed yet tho. I have heard mgmt speak and there are two guys that run $MEDL. I liked one of them, the other not so much. This company under the right management would have made this a $1-$2 stock by now. For some reason, MAJOR capital investors in $MEDL, as well as the retail investors (Institutions not a factor) awaiting some type of movement. I do believe that by summer this will be trading around $0.80 about a 50% increase from today, but with a buyout bid, major partner, something that says "$MEDL is going to make $$$?"
right now unfortunately, its alotta of beta testing, new apps, new tv show idea, nothing is saying "$MEDL is making tons of cash"
No one, and I mean NO ONE knows about "Hang w/" at this point.
For example: When I "liked" the "Hang w/" page on Facebook a short time ago, I was #29. Today, there are just over 100 "likes". All of 100 "likes"!!! Let's talk again when the number of "likes" on the "Hang w/" Facebook page tops 1,000,000.
First, the "hard" release.
Then the growing recognition. And the growing volume. And the growing share price.
rialist - my sentiments precisely.
The ad campaign for Hang /w hasn't even begun! At the moment, although Hang /w has been made available via iTunes, the go live process/materials are still being ironed out. Once the media blitz begins, watch out!