somethings up...., page-11

Just wanna make a quick comment.
I've not posted regularly but make a comment now and then if it helps to put some foot back onto the earth.

I saw MEO get hammered from the artemis failure and the SP was back down to Cash Price. Noticed people commenting cutting loss then, thats fine, but then I saw more and more posters anguish and depression setting on and deciding to sell off gradually as the pain set in. Thats what I had problems with. If you were cutting loss, cut it back one month ago- do it when it did a quick rally back into 25c, but not during the last few weeks.

As I suspected larger holders have been BUYING, not selling. Credit Suisse did not jump on board here really, they were already on board- check the dates.... they already held a sizeable amount, sold some in Dec back at 50sC and BOUGHT HEAPS during the last month at prices 22 and 20c! They were already holders, don't forget there are some that bought at 52c at the Cap Raising.

Just stating that it ain't time to Sell in Gloom. MEO is not over yet, as many know, holders will try to avg down and improve their positions. There will ALWAYS be buyers out there for price. Be patient.

Petrobras are still here, so are some of the other projects that dont like 1/2 bad in a new data room. And yes, we haev 100MILL cash. Its just a shame that if it did take a SUBS Holder statement from Credit Swiss (who is already a holder, but all this means is they went over 5%) to make some realize this and they might decide to BUY today at 22.5c... and then oops, if it goes back to 20c next week, they wonder why? Its just the market at play. The annoucnment shouldn;'t mean much really should it?

Good luck all. MEO still in it with a chance for holders, but we already knew that, nothings changed.