MKY mky resources ltd

dead cat bounce

  1. sydneysider
    4,830 Posts.
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    23/01/07
    14:03
    Post #: 2133455
    Mom's and dad's and all of the folks that heard so many wonderful rumors on MKY will only start selling tomorrow. Technicals look "shredded" with a severe downside bias. This one is turning into a falling knife, casulaty of a slightly overheated U dementia in the penny stocks.

    Why would the management put out such a silly pointless announcement? ..as the one put out today? I thought that MKY had bought on board some extremely competent people ?
    MKY Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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