Jun. 29 at 6:55 PM
$MRDN ... I just notice something today... our daily share trading average has broke through the 1 million mark, based on pre reverse split numbers. Liquidity was in my opinion, one of the biggest reasons we couldn't grow the share price and hold gains. Hell, we used to average only about 40K shares traded daily when we were trading under
$1.00 dollar. I believed then, and I believe even more today... liquidity has helped grow our share price. Another issue of course was a great 1st quarter filing showing a huge reduction in debt, increased revenues and increased profits. The RS also helped put new eyes on us, with institutions building or increasing their positions. We are still not valued at 1X our revenues and it's a matter of time with this small float and more solid growth quarters that eventually we attain a 2X or higher multiple. The sky us the limit here! More solid green days on the horizon!
