And the dive yesterday was caused by more than 700k shares changing hands. And that dive started soon after the Announcement was released and continued yesterday. Yesterday alone for instance, the dive was 7.2%. Not bad for an up day for the majority of other holdings. Now back to 58 cents once again.
What do we see in that announcement that the market can't see??
I don't know. All I know, is that I have my shares in the bottom drawer and that they have been there for a very long time now gathering dust, in the hope that they will get back to the levels they were when we decided that it was time to kick the old Guard (Board) out.
One cannot expect the sp to hold it's levels and/or increase if we don't have some news to cause that to happen. If we have good news, the sp will move up and hold there. If we don't and just speculate, the sp will retreat. It has been like that in the market since the wheel was invented and it will always be.
Maybe next quarter will give us some more hope.
MPO Price at posting:
58.0¢ Sentiment: Hold Disclosure: Held
