I think some entity has already started selling.
Not sure if it is EOFY Tax Loss selling or preparation of a CR .......
whatever........but someone is selling for sure.
MOY could be a possible candidate for Tax Loss selling.
If other facts don't change then 15-17 cents will be a good buy from a long term perspective.
Short term who knows.
I should have sold my small holding at higher prices. It's hurting.
Too late now.......but not too late if it is going at 15-16c.
I don't know.
Too many dogs in my portfolio are keeping me awake these days.
After thoroughly reading the latest quarterly report, I had suspected this might go down.
Down it went. I should have sold all of my holdings.....taken my own suggestion.
Not sure if its Tax loss selling or delayed profit taking from the 4 cent'ers.(If they still around)
@robbo24,
@golddigit and
@BBV have a good pulse on MOY affairs. Any thoughts!!!