Middlefork,
Have you also noticed the magnitude of insto buying all over this one
UBS have been buying hundreds of thousands of options a week
Anyone who isn't sure should check with there broker. Your broker can find out who has been buying selling be checking the registry 3 days later. My broker in Queensland has been doing this regularly for me. Tells me UBS buying out of institutional desk and cant believe the level of buying going on buy them on the options [really only options - dont want to drive SP high]
I am positive they are buying on behalf an acquirer
I expect Mega to make a takeover offer within 3-6 moths at $1.50-$2
I rode MTN from $0.66-$3 [sold out too early, i know] and this reminds me in every way of MTN 16 months ago
No one even knew of the company. But then BANG! Shot up 600% in a few months and eventually rose to over $6 [1000% return!]
CTS
contact uranium limited
