G6,
You seriously believe it is M&P holders that are selling on this news. I don’t think so....they have waited too long to sell on a penny raise. This action is being generated by the traders. As stated by others, this only an MOU and as such is not profit generating therefore the early rise would be spec and the fall would be the realisation that the rise would not continue short term. We will give it another day before we all panic.
AJX Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
