"He said most of the brokers he has spoken to thought the results were very good and in fact were accumulating."
Myself and Big mahn at least have recognises that some accumulating is occuring at these levels. I get the feeling that some herd mentality kicked off the selling.
The market moves in mysterious ways but I for one hope the traders got burned for not reading thoroughly. It sounds as though Zeff and co have a staged plan to ensure that no CR is forthcoming as we head into production
MNE Price at posting:
1.8¢ Sentiment: LT Buy Disclosure: Held