Hi Guys, I dont post too much on this site however from reading the posts on MEO over the last couple of months I reckon some of you guys have too much time on your hands LOL!!!!!!!!!! I am a short term trader and have made some good money on MEO over the last couple of months THANKS MEO.Recently I have (for the 4th time)bought into this share @.45c am happy to hold but with a stop loss.Management I think have been very upfront and forthcoming and I wait for a good announcement so that I can sell into this and maybe buy back at a later date.Do any of you long term holders doubt that the forthcoming announcement will be negative????????? If you do let me know and maybe I will re-assess LOL!! HEY,this kind of situation does not come around every day so I am happy to make the most of it,so should some of you long term guys(the dedicated). Fundamentally the management of this CO are no slouches,they will have the best interests re the share holders including the instos they stiched up to raise 27 mill.Technically,the SP is being capped and .45c is the mark the charts show a holding pattern and I for one am happy to buy into this @ current levels. My stop is my guarantee that my confidence in MEO IS NOT OVERBLOWN.Maybe I should say that my confidence in management is not all encompassing.I think a good announcement,and from all accounts its going to be positive in the least,will earn me (i am hoping) a 40 to 50% profit on my .45c outlay,second day after announcement is crunch time and probably sell time early in the piece. All the best and good hunting. Sinjen
MEO Price at posting:
45.5¢ Sentiment: ST Buy Disclosure: Held
