MEL 0.00% 0.5¢ metgasco ltd

1mthvwap+45%=65?, page-3

  1. 24,386 Posts.
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    And there is one more thing that we have to take in consideration. And that is, when was the last time that we had a good announcement giving us and the market an upgrade. The conventional gas is a typical example of that. It pushed the sp up to the dollar mark only to see it retreat to these current low levels.

    If we were to receive some good announcements, I am sure that the sp would follow with an upward movement thus negating the action of these manipulation. IMO the push from some traders alone would counteract what they are doing.

    It would be okay if the sell orders were lodged and stay there for the taking, but they are not. IMO they are only there to cap the sp and force it down. And some of the prices that are lobbed in at, only shows that they haven't got any intentions at all to sell. Those orders that appears on the screen, are either put in at a price that can't be reached or withdrawn as soon as someone gets near them.

    With this, I am not saying that I am unhappy because it allows me, and anyone interested to load up as many as possible as I am in for the long term. The only concern that I have got, is if someone will come out from the woodwrok and lob a ridiculous offer on us.

    Cheers
    Buddy134
 
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