I feel sorry for those who bought much higher as a hold, but day traders know the risks of jumping on the roundabout when a stock opens much higher then the previous day. I suspect we're heading back to about 19c tomorrow unfortunately. I think it'll rise again, more slowly than today, but not until significant news. I'm sure many like myself are questioning their wisdom in not selling at about 33c just before the house of cards collapsed. It was so predictable that it'd retrace to about 25c at least. But there's one saving grace - you don't get to keep all the dough because the tax man takes his cut, along with Medicare Levy and HELP debt if you have one. And with what's left the Gestapo (Centrelink) reduce your OAP. You can't win!
MTC Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
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