31c, page-21

I'm relatively new to MEO and I know it's had it past - but when you really look at their position in regards to:

- Cash on hand
- Projects on the go
- Active announcements
- Exxon old boys

I feel pretty confident in just letting this trade away - sure they might swing a 1 or 2 cent play here or there, and sure that's how some traders make a $ - but considering the fact they have a LOT of projects on the go, some of which are going to come to market fruition in a few weeks AND you then consider they have a LOT of ex Exxon folks on board (and Exxon folks aren't muppets - they know what they're doing, and who's doing, and where to do it) - it all adds up that I could care less what the stock does on an intra day basis - I'll worry if its down 20% in 6 months.

Again - that's my prerogative - I don't feel comfortable day trading this one as there's just too much downside to not being in that being out and hoping to get in on the swing trade.