MAE 0.00% 0.0¢ marion energy limited

Hi CG,Why are you going out on a limb and picking 5cents as a...

  1. 6,900 Posts.
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    Hi CG,

    Why are you going out on a limb and picking 5cents as a bottom??

    What indicators are there to say this will be the bottom?

    People following this stock have been picking a bottom on this since 50cents plus.

    Unfortunately, there is no way of picking a bottom, without luck, unless a solid foundation has been formed.

    But my guess is we will see the bottom somewhere within the next 5cents.

    Just remember, there is alot of risk trying to pick a bottom and trying to pick a stocks bottom which is in such a strong down trend.

    Do hope it turns for you....


    Cheers
 
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