Seems unnecessary to me. And in light of the last few weeks, and the brewing excitement regarding MOJO, I'd hardly classify the volume as "unusual".
I don't read anything into it either. Just seemed kind of pointless. My thought on the heavy volume is that it is coming from players taking a position attempting to front-run the news. We all know an announcement is pending with specific details regarding MOJO configuration, release date and price. Good to see the interest, and I'm glad some flippers and disgruntled longs are getting their chance to get out into high volume. I don't believe MCZ would have made the public statements it has already made if there was any probability that MOJO would miss the holidays. The next 6 months are going to be an exciting time to be an MCZ shareholder IMO.
Thanks, and FWIW, I wish I had read your post before I wrote and posted mine. I was busy writing mine while you posted your comment. This was an unfamiliar situation to me. Since you've seen it before on many occasions, I'm sure you are correct. I think I'll go with "thinking nothing of it."
This is the weirdest PR I have ever seen this company make. So when we hit multimillion share volumes before, why was their no PR then?
Something smells fishy about today, is it gar or a lobster?
Sentiment: Strong Buy
That's some weird business all right - putting out a press release to say you can't talk about something almost no one knew about anyway.
The trading WAS very weird, as pointed out by other posts. Having it blast up to .789 momentarily was a bit unusual, to say the least. I don't know if that was a probe to find out how deep the supply really is or what, but maybe it was just some fund with a big "buy at market" order out there. Seems really odd, though. Could have been an order-entry mistake on someone's part, I guess.
Think back over the last few years to all the weird super hi volume days this stock has seen, yet never a press release like this. Why now?
All I know is this should ensure we go well over 70 cents tomorrow. (Sorry Kingster.)