'The market must be after something else before the re-rating begins, what that is exactly, who knows!?'
a 36% one day gain?
huge volume, a stacked buy side?
looks like re-rate day 1 to me.
If a stock triples in a day, or even a week, it is usually a pump and dump in action, not a credible market re-rate. this kind of obvious SP manipulation turns serious buyers off, as newbie booby traps can be spotted a mile off.
we've seen a few of those kind of 'boo-ha!' operations elsewhere on the asx this year, and they ALWAYS end in tears.
I hope we see none of that kind of garbage at MNM over the next few weeks.
A slow and steady climb towards $1 in H2 2012 will do us MNM LT holders just fine thanks.
DT's should look for their quick cash, casino junkie style fix somewhere else.
MNM Price at posting:
12.9¢ Sentiment: Buy Disclosure: Held