I was thinking of buying some of this stock next week in hopes that it will potentially pendulum swing up for a short term profit. I did the same thing with IIL stock when it dropped 90%+ in 2 days a few months ago. What are peoples take on MUS. Is it another IIL waiting to happen? I think that even though MUS has dropped rapidly, it hasn't yet reached its bottom, the decline to too steady and will just slide at a low for a few months.
I could be wrong though, it is currently the most talked stock on hotcopper which means the vultures are circling for a good deal? 2 cents is the lowest in the past 52 weeks so maybe it'll drop just a bit more.
All in all I honestly don't know how to read this one.
Whats peoples opinion on this?
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