this is why most analysts have price targets over 40c for a reason. they are not looking at short term daily prices changes but the price the stock should be trading at. So anything below 30c is cheap from a buy and hold fund.
btw there is a gap on the daily that the price needs to fill at 35c and when a stock moves sideways like this at there lows it means the stock should move up high very rapidly. so should we see lower prices...no.. if you listen to the meeting they said they would release more information this week on nifty and will start updating the market more so I would buy stock now before they start this and then we are at 35c filled the gap and pushing higher.. buy low sell high
MLX Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
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