matto,
Speculators.
That's what has happened here, and that's what is happening to just about every other hopeful on a run in the current climate.
Most are looking for a quick buck, and if they don't get it within a few days, they'll catch a cab to the next hopeful.
MAE had a nice leg up, but like you stated, is back to the 8th April price level. I predict a nice bounce tomorrow. You should see it back in the low-40s.
I'm not a holder, but was seconds from pulling the buy trigger in the low 50s a few days .
Glad I didn't, but maybe that's an omen, for me to load up in the mid-30s, and prosper big time.
Cheers
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only 139bcf of 1p, page-50
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