MSB 8.43% $1.35 mesoblast limited

We've Got THE Cells!, page-44

  1. 3,108 Posts.
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    A day by day layout Larry. $1.50 looked to be reasonable a few weeks ago. However once an object gathers momentum it tends to stay in motion in that direction. Watch if it breaks $1.60 ish, then $1.50 and so on. The market is preparing for a capital raising in my opinion so we can only wait and see.

    I thought yesterday's trading and the volume indicated they were trying to slow it down and if the volume continues on the high side I think it will bounce up soon. I'm trying to pick the uptrend early and then hold on for the ride upwards. Therefore I will buy at this time. I think it's dangerous to short at these levels and I think it's very very dangerous to average down.

    As usual my opinion only. Everyone should make their own decisions and commit within the bounds of their financial comfort.

    Good luck to everyone who has had the courage to invest, sorry speculate, in this extremely challenging stock.

    Alhambra.
 
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