MEO 0.00% 0.0¢ meo australia limited

under pressure and dropping away, page-49

  1. iam
    1,149 Posts.
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    I agree Zia - if there was insider trading then we would have seen Ute's squirrels earlier today - if not Friday.

    The stock has been simmering since the no show of the ann in September. It is a natural progression for this stock and I wish I had more coin to catch some of the nuts.

    Out of the 461 sellers 300 are still 70c or over. We have a capper that still puts his 1 mill+ bid on and off at 80c every day. I reckon traders are playing with our minds.

    We had to deal with the speeding ticket rise up to 80c in Sept. Now we just have to deal with this lead foot on the brakes today.

    The charts will show that the sentiment was geting tested with the stock and this shake out will put it back on track. Each time though it leaves more frayed nerves behind.

    After being so positive about this stock for such a long time I must be missing something about it's fundamental values.

    Only time will tell but I will be holding.
 
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