KiwiL I really hate to say this but these people are really only out to get your money..it's that simple....
They have their cash..the investors have their premium shares, which they will begin quietly offloading.
The share price will be supported above the issue price by traders going long at the 61.8% fib...The stock will move sideways with narrow spreads but high volume....
Delusional small holders won't sell, still in la la land that it's a 10 bagger...only to discover that they are the last ones at the party when the stock collapses...
These people never use stops...and are sitting ducks
MEO Price at posting:
53.5¢ Sentiment: None Disclosure: Held
