I am relatively new to the shares game (about 18 months) and have a portfolio of approx 15 different stocks, but the emotion generated by the MNS lovers and haters is unrivalled. Clearly the past failings of this company has left some jaded and bitter and unwilling to forgive and are determined to see this company fail. Then there are those who clearly have felt the pain of the past, but can now see some light at end of the tunnel, but need to reach there ASAP. The over-hype by some and the contrary stance of others is quite amazing and to perfectly honest, completely pointless.
It hurts me to say this, but I agree to some extent with Fritzl and Ggbeg and their views on charting and predictions which in 99% of cases have just not been anywhere near it. I don't agree with the grudges they clearly hold and the crap they throw up just to throw water on other people's enthusiasm. It's as though they hate seeing other people excited and maybe enjoying some success.
The reality is that this stock has been hovering consistently around it's current SP since the start of this year and will likely stay that way until NY is up an running or some other amazing breakthrough occurs. No-one really knows for sure, regardless of your charts, personal contacts or knowledge of people who are happy or unhappy, people threatening legal action or trends that you believe have happened in the past. All of it is just piss and wind.
I must admit, I was lucky enough to get in at the cheaper end last July / August, so the current price still sits very comfortably for me. Some of you have clearly been on a roller coaster of emotions with the stock which has left some frail emotions and this forum provides a great outlet to vent (on both sides).
It's entertaining, but boy there are some with a whole packet of chips on their shoulders and some who are just hanging on by a thread, desperate for this stock to succeed.
GLTAH, but there is going to be some serious therapy required at the end of it all.
MNS Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held