MEO 0.00% 0.0¢ meo australia limited

never bet your house, page-7

  1. 3,935 Posts.
    WE have to watch these waiting days or we are likely to get stuck into one another.

    My investment theory is to play off risk and reward.

    With MEO, I see very little chance of a sustained fall in the share price as there is so much happening. But on the reward side I see huge potential. We have done values on this before and so have analysts. With success at HS1 and Gurame, the upside is over $2.00.

    The short term downside is probably no more than 12 cents and that will only be a buying opportunity.

    So I am risking 12 cents (If I sell) to make $2.00 and I'm much more comfortable with that than having money in Blue Chips which go nowhere.

    Lets keep it together today. We have a tight band of MEO followers and we are about to become wealthy.

    Cheers all.

 
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