Thanks Guys .
For my doubters if you are bored or anal enough you can actually check my posting history on MHM , it goes well back before GO arrived .
I was bullish on the way up , when I first posted on MHM , I stated I thought the chart looked like it was going to the moon , unfortunately I didnt buy in at that time .
I didnt post for quite some time after that , and when it spiked to 1.50 , I became negative on the SP , not the company , and I posted i felt it was overbought at around 1.40 .
I said I would buy if it got to .85 , and felt that this would be a good buy for a trade target and was naturally ridiculed and accused of just being a knocker
I reviewed my entry price after after checking out the directors a little bit more , and more importantly seeing the US deal signed , Geelong get council approval , and seeing the chart and price action turn in my opinion from overbought to neutral when the price touched $ 1.00
My posts refelected these thoughts all along , and as I posted at the time I became more positive again around $1 and bought some for the first time around 1.00 , then 95, then 90, and a very small amount below that , and as I mewntioned I have today taken profit at 1.29-1.32 ,
Why ?
I original said my target was a trade from 0.95-$1.1 as I took the first time I traded it .
The 2nd trade I was thinking of doing the same however later thought 1.30 was a chance of occuring in the shorter term .
All the talk about new cars , and instant millionaires made me feel we were a bit over excited so , when the price hit this point I decided to stick to my rules and sell at the upper price target i originally set for myself
Now I have no position , and my sentiment simply reflects what I did personally (ie ST sell ).
It doesnt actually mean I think the company wont go up , it just reflects my personal opinion today .
When the stock was 1.00 my sentiment was then ST or LT buy .
Will I rebuy ?
If in the next 2 weeks we do get the US pull back I have curent fears of , ie an oil driven US bear market and we does see MHM fall in sympathy with the broader market Ill be a happy buyer again around the 1.00 level.
If not and the Us continues on its merry way , and there is no MHM placement as I suspect there will be I wish you all the huge upside you all deserve for being right and backing the company from a small baby to superman
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Last
39.5¢ |
Change
0.005(1.28%) |
Mkt cap ! $167.4M |
Open | High | Low | Value | Volume |
40.0¢ | 40.5¢ | 39.5¢ | $115.2K | 287.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 47564 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.5¢ | 3816 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 47564 | 0.390 |
2 | 11296 | 0.385 |
6 | 16607 | 0.380 |
4 | 44161 | 0.375 |
5 | 107643 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.395 | 3816 | 1 |
0.405 | 15479 | 3 |
0.410 | 287552 | 1 |
0.420 | 53061 | 3 |
0.425 | 232601 | 2 |
Last trade - 12.39pm 22/08/2024 (20 minute delay) ? |
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VYS (ASX) Chart |