MEO 0.00% 0.0¢ meo australia limited

accumulation now, but then what?

  1. 3,820 Posts.
    To me it seems quite clear that someone is capping for the purpose of accumulating. Friday is set to be D-day. My question is-What then? I beleive a good announcement is priced in. A great one will surely lead to an explosion in sp. Anything average or below must lead to a panic dump and sp collapse.

    If it is a good announcement at least, I do beleive it will run some, leading to the start of a little profit taking, leading to huge profit taking, in no time. Thus, I can see how alot of people will get burnt.

    Am I just too negative with my outlook? Does anyone agree with me out there, or does everyone beleive we are moments away from having a sp in the dollars?
 
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