MCP 1.25% 40.5¢ mcpherson's limited

Ann: McPherson's Trading Update, page-16

  1. 456 Posts.
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    This seems just a tip of iceberg, this may trail down further from here for next few days. It may settle below $1 before making consolidation move.

    This much fall won't happen and it won't stay low for more than an hour for no reason - and without insto and insider selling. I suspect more bad news in line.

    Stopped Out of this at $1.80 today. I will not enter before digesting the full impact.
 
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