MCP Addendum

I forgot to include, the big move up which we bought calls for on 6/3 as MCP dropped below the psychological level of $2.50 which we waited nearly the whole day for, resulted in an equity move up the next day of nearly 12%, the calls did much better of course and were sold that same day.

What actually moved MCP was a competitor had received financing which often leads to other stocks in the same industry group seeing similar treatment, that's what sent MCP up.

For some reason, like RIMM after it got hammered, the long term 3C charts stayed very positive, we didn't know why for a couple of months until the management restructuring took place, that was what the market had known and 3C was reflecting, it seems there's something the market knows about MCP as the charts are still holding up, the long term ones like RIMM which ended up being a nice winner for us.

 60 min MCP longer term leading positive divergence

15 min MCP , more detailed leading positive divegrence with a larger leading positive move recently than at the point we last traded options in MCP at the green arrow.