My take is that this is a catalyst for the start of a large market retraction . Travel and trade will take a while to recover. GFC took 1 to 2 years to fully unwind. 5 years time this will be talked about as the last crash and those that were 'brave' will profit. I also just bought more myl lately and think I will see more unrealised losses. Theres a key word in that last sentence. MYLs assets wont disappear like a dot.com domain. My concern is that for all this selling there is a big buyer and that they will be in a great position to buy this as cheap asset. I have another buy order in but a way down. Just an opinion. DYOR and good luck
MYL Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held