This is dangerously close to a freefall guys, we've seen it before and there is nothing in the immediate future that will prevent it that I can see.
There is no reason for the Insto's to prop up the price now, if they believed enough to poke millions into MEO then they have either sold or will be looking to make hay on what could so easily be a much worse day.
Have a good rational think about your positions, what is at risk and what is to gain.
Personally, I opted to step out and forego some % when it starts to rally and I think about re-entering. Staying in for me meant possibly losing another 30% on the SP in the next few days and the risk/reward just wasn't there.
Good luck to all, I hope the mop flops your way.
- Forums
- ASX - By Stock
- MEO
- large seller
large seller, page-34
-
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries