MEI 1.02% 9.7¢ meteoric resources nl

Hi @opees it's just a reading of the chart that indicates that...

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  1. 2,710 Posts.
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    Hi @opees it's just a reading of the chart that indicates that this might go lower, could be totally wrong... a few have pointed the same thing on the AUZ chart. I certainly did not pick it to drop under 0.9c but it looks like it might. The reasoning behind this is that AUS has had a bull run so far , and it's correcting itself to fair value. Apparently it's jumped from 1.5c to 12.5c in little over 6 weeks ? So partly retrace, and profit takers will bring the stock down?? This is what I gather... MEI is not so bad when it comes down to media, they have an about us video which is impressive. AUZ did not have a website as of a few weeks ago, I was very hesitant investing in that company as a reson. MEI can do allot more though, I just asked the question on the BDI form thread if companies such as MEI would be open to get someone like me providing video media for their updates / announcements / news - this would impact their stock price greatly and attract allot more buyers. I would be happy to do this for them if it would mean driving the share price up... I am not sure how well this idea would go down with them. Apologies as a new trader I've got a little and I am trying to make it big - fast some days I loose my patience. But I am learning that patience is key to the big win...
 
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