You're right Zinzo, it's not rocket science. The problem for holders is that the dots are pointing bearishly down for MNS. Is this one of those marvellous announcements that @tony2times told us was in the pipeline yesterday? God help you if there's even more to come.
On a positive note, there seems to be some support building technically around 36 cents.
CR participants at 40 cents must be very disappointed today. I can only imagine the hype spun to them to part with their hard earned monies. Did you read my post to @Slogger yesterday explaining MNS's gross underformance of the market? Today was just as bad. Better off short or in cash on this one. Not rocket science.
IMO this company needs new management, they are all over the shop. More details needed by the market, and less fluff. Happy to remain positioned short.
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