MBK 0.00% 2.5¢ metal bank limited

That is what broker's do. They say they 'believe' in the story...

  1. 1,627 Posts.
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    That is what broker's do. They say they 'believe' in the story but in reality many of them are in it for a flip. At 3cents and say they get 3.6cents in a week, that is a solid 20%.

    Brokers only make money when there is activity on their clients account. I know they love capital raising as they make 6% raising fee. Then to sell the stock they make 1%.

    I am very impressed that the stock has held 3.6cents (20% above the raising price) and not dropped to 3.3cents (10% premium to raising price) and in some cases dropped to the raising price.

    Technical wise MBK looks good to continue its run after Taylors and their associates get out.
 
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