MEO 0.00% 0.0¢ meo australia limited

green again, page-14

  1. 4,561 Posts.
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    hey abers,
    nothing to do with support...
    Im keeping this real...
    I did originally say that Zeus was the last shot,
    but I do believe MEO will get another farmin and drill that big target well in the NWS....
    ...
    If we look back it is clearly evident...
    virtually no trading, no volume, stand still share price...
    then kapow... massive buying spree which lasted days/weeks...
    Then the sp ran hard, those instos then started selling into the hype, which was supported by market participants because as the sp started to fall, then investors were like "Oh the SP is much cheaper today" hummm.... "its fallen 10%"... I will buy some...
    so people did...
    this supported those instos selling into the market...
    as they pumped it up, that and market hype made it run further...
    then selling on the way down making a profitable investment...
    I spotted it early, when those bogus valuation reports came....
    anyway, ive said all this before...
    just want to warn you lot....

    further NWS exploration drilling is at least a year away...prob 18months... so nothing happening for a long time, but cash expenditure....
    this is only worth 5 cents max
 
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