Well my gut feel is that a lot of people who would normally have traded this and similar have been jumping on the blue chips as they recover from subprime
Now the ASX200 is back where it should be and is cooling off a bit they are looking for greener pastures.
Ironically the gains in the blue chips came about because they all jumped out, and now the gains they would make here from the same thing.
Jump on MPO till it is over bought - jump over to XYZ while this cools off, jump back to MPO when XYZ is hot, rinse and repeat = eternal profit.
The question is where to next...
MPO Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held