IMS 0.00% 69.0¢ impelus limited

It's Time

  1. 10,437 Posts.
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    Today's event have nothing to do with MBE price dropping is very evident and now might be the time for the more courageous and adventurous to start buying into MBE. I was expecting MBE price to fall to these levels on its own over next few months, but given the total market has been smashed today we got to 19.5 -20 cents ahead of time. Having said that and as we gaze around the market place today we see other opportunities emerging in the sea of RED. Those of you who are buying today and tomorrow if the panic gets worse will do well over time I'm sure. MBE is fundamentally heading in the right direction but their profitability is yet to be confirmed to justify its high PER appears to be self evident as to why so many holders have been unloading stock onto the sell side. When they prove they are actually earning the perceived income they should be earning I'd expect those sellers to become avid buyers...the question of when is yet to be established but it will become very self evident and the sp should clime quickly to 40-50 cents is my guess.
 
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