have absolutely nothing against your post. it is a strategy i employ on a regular basis. after reading it, just had 1 question.
"If you bought in at 21c early today you could have flogged of for 23c during intra day trading and day traded it 3 times today to cover most losses accrued in the last 2 days....only if you punted over the last 2 days and maximised your bets".
the date on your post is 16/12/2010 the low for the 16th was 0.22. unless i'm mistaken. so did you mean if you bought in at 0.21 on the 13/14 or 15th?
don't mean to be pedantic.
MEO Price at posting:
25.0¢ Sentiment: None Disclosure: Not Held