I dont see a stock that has performed poorly over the last week or 2. I see a stock that has plummetted from over 80c to 35c in the space of 6 months. I feel for the shareholders who bought anywhere near those dizzy heights.
Many have come and gone and many have stuck it out in the belief that it will one day prove to be a winner.
We went from 32c to 48c after Petrobras was announced and we are at 35c after a night where the DOW went up 400 points.
Presently this stock is a DOG !
We hope and pray this will turn good one day, I am ever the optimist, good thing for patience.
MEO Price at posting:
35.0¢ Sentiment: LT Buy Disclosure: Held