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ddwn

12,488 Posts.

3382

22/04/15

18:15

Post #: 15136491
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Originally posted by tomboy ↑

Just bought my 4th parcel at 12-13.5, thank you weak hands.

My first parcel i bought at 12c pre-DOCA, 2nd at 6c preDOCA and now 2 more parcels since reopen post DOCA.

4c to 44c Again?, that was an apt title I started in January, posters still wondering today. But today i think it is more probable now than ever before, i did not believe that spike to 44c in July was real or would last, no one did. But it happened and it has set the scene and the graphs for a retest rocket launch.

Any Technicalist cannot ignore that 4c to 44c spike in July. It is a looming factor and shows MBN can move rapidly and sharply up on the right Fundamentals. Also the SP moves from 2006 to 2013 also cannot be ignored, even Stevenson on the N3 eclipse cited MBNs SP moves of 1200% as an example of Ni stocks SP rapid moves up on a rocketing NP.

A great Q1 being the BEST QTR EVER for MBN may be just that Eclipse event for real that on FA everyone can and will believe. A rocketing NP H2 will create the fundamentals for a solid real rerate.

I got my chips in and my money where my mouth is. 1M seller offscreen with cold feet, thank you. Even less volume available for trading when the Q1 hits hard in the next 9 days.

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thanks for the another great post... keep 'em coming
i'm dissapointed to see red SP today, given how close we are to Q1 - but, these are controlled trading games games games
so i'm not overly concerned.
my view on MBN is simple, i cant pick the bottom, but i'm happy to pick up shares in the current timeframe, i.e. before re-rate.
in MT & LT view, we can look back at these bargain SP - well my hope & expectations anyway
bring on Q1

MBN Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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