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$2.69 mma offshore limited

All potential new projects dead in the water - reflected in MMA share price, page-27

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Ocker

10,373 Posts.

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24/06/15

16:56

Post #: 15523287
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Originally posted by asteroider ↑

Ocker, this happened before as I posted. The prior time my trading system spat out a buy on this stock it was also taken down heavily. Arguably precisely because it starts to get on the radars of potenial turnaround play buyers so they need to be sent a clear message. I know my system is unreliable on this stock and I have pointed it out previously and I expect the factor is because the shorts are getting into this very heavily for armageddon. Perhaps I should add shorts to my system triggers? Possibly, but again that would not help in MRM's case as I have pointed out.... they repeatedly fail to lodge statutory reports and this would send false signals. That speaks as to the nature of the operators and their end game... they are going to push this to the brink IMO.

I would be interested in your short term trading views. For example I warned a week in advance of the last high volume dump (last week) and you did not contribute a view yet after the fact you said it was expected.
So, why not discuss it then prior to the fact so other HC members can benefit from your experience!?

Anyone can say after the fact: that is to be expected. At least I try to call it as I see it playing in the future. And I did warn yet again at higher prices at 11:00 and prior to the big dumps today that the shorts might be about to get 'heavy handed again'....why.... due to positive 'trading signals'.

As I say.... I am interested in hearing others try to call price action before it happens, not just sit in the sidelines making comments. Isnt this a discussion forum, or is it just a flaming forum as some members believe it is.

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Lighten up and try to see the intended humour in my post!!!!! Jeez !!!!

MRM Price at posting: 55.5¢ Sentiment: Sell Disclosure: Held
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