MTE 0.00% 3.0¢ metrocoal limited

bouncey bounce, page-9

  1. 19,549 Posts.
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    Been a while since I was positive about Metro, as this overhang has been like water torture.

    I had in my mind that at least another 6 months minimum would be required to have them exit.

    But today's dump is imo good old capitulation.

    And I am a believer that capitulations signal significant bottoms.

    Either way 4 cents is a great risk for reward entry imo.

    With regards to BND, my understanding is Mathews were no longer a holder sometime in June. BND SP is up 50% since then.
 
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