MEO meo australia limited

31c, page-7

  1. 2,962 Posts.
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    IMO it was scared sellers and wise buyers waiting low 30s for any panic that comes with a stock that has just risen 50% plus in a a couple of weeks and got a lot of coverage on HC. Botkiller appreciate your thoughts but for your post to get 30+ thumbs up indicates to me that a lot of HC punters panicked, don't know squat and jump way to quickly to blame bots and manipulators rather than the obvious, that is seller getting the jitters and dumping.

    I followed the trading today and saw lines wiped that shouldn't have been wiped that quickly if there was any patience / seasoned brokers placing sell trades. I was on the bid today low 30's, didn't get filled and later cancelled the orders, waiting for a massive scaredy cat to fill it, I'll be lurking somewhere at the bottom of the trading range tomorrow as well.

    GL all, gotta love volatility, the trend is still up.
 
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