They is no massive volume around today that shows people dumping, which is great.
The last week or so of watching the market depth a lot and to me it seems like there is a constant sell side wall there no matter that the SP is and are maintaining the appearance that there are plenty of sellers. I think some bigger players are accumulating this stock excessively but slowly so they don't cause a run up, as they know in the medium to long this price is far too cheap!
I wonder if they will take the seller walls down soon to allow a run.
I think tomorrow and next day when more rerates come there could be a decent run.
IMHO, DYOR and all that!
MYR Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
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