MEO 0.00% 0.0¢ meo australia limited

i'm angry!, page-18

  1. 1,251 Posts.
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    Gregke
    It might not ease your pain but at least you'll laugh.
    My story - picked some up before the announcement at .34 - sold them at .35 because they were going nowhere - the day before then ann. Jumped in again like you at .46 on the ann - sold at 0.38 today. A loss but fortunately nothing serious - but a good lesson that I need to be taught about every 6 months or so it seems.

    One interesting thing on the 50,000 sold at .35 most were picked up by a bot (small odd quantities) and they were XT and the broker I was using for this trade was Commsec. Not all Commsec trades are just retail - or at least not in the sense that we usually mean it. Perhaps someone cleverer than me can work it out.

    So in light of manipulation (even the most optimistic here seem to think this) (and my paranoia suggests one or two groups of large retail traders) and the plain lack of results that does something materially positive for the sp - the many other better opportunities out there - Im struggling to think why anyone would bother.

    So Gregke you are not on your pat here.

    Good luck with where ever you put your Meo money - Id nearly bet you a beer right now that you'll do better.




 
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