MEL 0.00% 0.5¢ metgasco ltd

mel chart - is it a bull or is it a bear?, page-4

  1. 212 Posts.
    dgoransson

    you really need to decide were you stand on the stock, technical or fundamental.
    technically the stock looks weak but you say you love it and fail to set a stop loss
    but congratulations on not averaging your loss like a lot have suggested they have done on this forum hence the weakness, which i believe is not due to molopo selling but due to people averaging their losses and panicking when it falls further.

    Also, the directors were issued shares as part of their salary package, they did not buy them as you and many others have suggested.

    technically i wouldn't touch this share your presentation has confirmed this.



 
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