I really dont see why people come on and smash this share, so I have brought it down to 3 reasons
1. They missed the boat 2. They sold and are watching it go tremendously 3. They are really greedy have other good shares but wanted this one and missed it 4. Finally their share portfolio is getting smashed and are trying to discredit a good company
mmm so what are the regular discrediting terms high PE, debt to equity, its run to hard est--however current broker evaluations still put this share up 59cents this year and greater increases once the deep sea oil boom comes online roger montgomery stating that MCE should benefit from the deep sea oil ventures till late 2014mmm
Yeh tough one stay on a share thats gone up 915% or jump onto a tin pot which could up and collapse in globally debt riddled market
MCE, MRM, MGX, BHP SFR
MCE Price at posting:
$9.09 Sentiment: Buy Disclosure: Not Held
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