MEO 0.00% 0.0¢ meo australia limited

meo chart, page-41

  1. 5,924 Posts.
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    Hi IAM,

    How do you play with the manipulators? Can you explain that. We would do the same if it is not very dangerous. We are holding considerable amount of shares now (over a million). We can make some ST trades although we are long term investors.

    I have no doubt about MEO at the moments and looking to find some more funds to buy more now. I am 100% in MEO. MEO is a 10 fold stock by more than 50% chance IMO. If I can accumulate by trades that would be wonderful. That's how the manipulators accumulate their stocks. I don't think they invest fresh money to buy stocks but they accumulate all the time by grabbing the shares of people by pump and dump.

    I like to fight with these manipulators but it may be useless in MEO's case as they are already in control IMO. What I was thinking to move up and down with those manipulators, but it is not predictable when they will take it up or down. They may already have around 3% to 4% of shares (over a 10m) which would easily give them the control. Otherwise the price of MEO would be at least 60c now. (means MEO has 50% discounted price now). I believe they are still accumulating MEO stock to carry it highs and lows while they have the definite control. Look at KAR, it is in the control of Wellington group. They can go up or down anytime. Nothing is predictable for anyone other than Wellington. (I was with KAR, when I realize that, I quit). It does not matter good or bad news are coming, KAR can lose 25% in a day (happened in Jan.) because of the manipulators. I think MEO is going to be the same.

    So the result is that the manipulators will definitely take this stock to $1 in three months time, or maybe $2 in 6 months time by the streaming of news (farmout) of NT/P68 or starting of Tassie Shoal Methanol and LNG projects. I am sure about that.

    It would be great if we could do something to protect our investment from manipulators as our adventure with MEO will last more than a year, maybe two years.

    Cheers
 
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