I would say that another trick is unfolding, personally.
The company recently announced some very long term and expensive plans, which have many thinking "she aint dead yet" and which keeps everyones money in the market - for creditors. Often the only money that goes out of a company at a time like this - a time which can be used for winding up of business - are employee wages and announced promises for revival. So we have these alarm bells now, which add up to my suspicion: 1) Directors have disappeared 2) New promises that may as well be made by a company thats about to float 3)No results to speak of from Jay Strattons skill 4) Pumping and dumping in fast cycles (it is known that creditors can be doing this with a shareprice so as to recoup what they can from people like you and me - before the company folds and there is no return on capital. This way, they can make a return on market activity/charts.
Read between the lines... That is, the lines that you decide are the most important ones to focus on. We all have our differing opinion on what lines matter most. And we all have our own idea of which lines have the most important information packed in between them.
Be careful as usual, despite the upside spin about old wells that were abandoned being capable of bringing the company back into fine repute - the upside promises dont bring value - results do. And going by the last 4 promises made, 4 of which have not come to fruition (which makes it about 34 out of 35 over the last 3 yrs), i dont like anyones chances of making money on MAE anymore.
Cheers
L
MAE Price at posting:
3.8¢ Sentiment: None Disclosure: Not Held
