MEO meo australia limited

farm out agreement, page-8

  1. 968 Posts.
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    i must agree, this stock will be very unpredictable and there will be a lot of very confused people when it moves (in either direction), this is because there is alot of emotion in these sort of stocks, not because it is a bad stock, just because it has risen alot latly so people are jumping on board.

    to be honest, i would say there are better oppertunities for your first stock to invest in, try to think about it objectivly without emotion, this stock could get to $1 next week, but it could also get to 15c (no exageration, look at the graph).

    why not find a stock that has been beaten down by emotion rather than build up by it? TLS, BSL these may not be as exciting but take it from me, your life savings can disapear before you even know what has happened
 
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