1MC 6.25% 3.0¢ morella corporation limited

ajm ready to move alot higher, page-9

  1. 27,766 Posts.
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    Seller is probably having a break and the next attraction will be to come back and be able to sell at a higher price. SP pressure IMO is still on. Hoping this will not go on for too much longer but as always..........if the company has nothing to say then this is what happens. Now when the company does eventually take the sock out of it's mouth , we hope they have something good to say to arrest this sp. 12 month trend is still ugly. The best I can do is believe and hope and accumulate.

    Waiting in the queue...............14c will do nicely for now. Averaging down is fraught with danger but I also have some blinkers on and not too concerned what the reason is for the down trend.

    GLTA
 
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