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Well I'm short it - but I'm a mere sound of a pin drop in the...

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CaptainBarnacles

11,098 Posts.

681

07/03/18

14:33

Post #: 31591822
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Originally posted by Austinhealeysprite ↑

Check out the media release that accompanied the results. In a nutshell predicts next Results will be better than the current results so that’s good news.

What is really interesting however is that there is a short position of some substance building in MOC. I think we might of seen some of those people post recently on this site about MOC.

Perhaps the shorters either noticed the large dividend and drop factor with this stock or alternatively perhaps they take the view that the stock is over rated for other reasons or has substantial risks associated with it such as those associated with possible reg changes.

I’m positive however re-the stock and like it a lot. My plan is to accumulate more of the stock in any weakness that occurs with the price.

Ideally I’d be looking to accumulate at less than two dollars it remains to be seen whether the stock will drop by that much this time round however.

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Well I'm short it - but I'm a mere sound of a pin drop in the ocean, and don't really care much if I am proven to be wrong in my trade direction tbh.

MOC Price at posting: $2.18 Sentiment: Sell Disclosure: Held
2 Upvote

0 Great analysis

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