MST 0.00% 0.1¢ metal storm limited

0.002

  1. 2,793 Posts.

    probably more than likely that many bunched in the group of 130 million odd shares at 0.002, reperesent a large chunk of the agressive buyers at 0.001

    it's all about free carry - buy 20 million at 0.001 and sell 10 million at 0.002 - and you're left with 10 million freebie shares

    and why not - buying at 0.001 at least comes with the certainty that barring going into administration, the SP as only one direction to go - Up and straight into 100% profit...

    as for how long 130 million odd will take to clear - well any news that pushes the buyers into 0.002 would again likely be pretty OK, and at 0.002, it still represents good buying if any momentum is perceived for further announcements following up the rear...

    though often the pessimist with this management crew, especially the chairman and his old guard posse, i nonetheless think we can expect a few surprises throughout 2012 - sufficient that is, to say goodbye to 0.002 at any rate


    good luck



 
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