I'll review the situation assuming spud is unsuccessful, looking...

I'll review the situation assuming spud is unsuccessful, looking at a rebuy. No, prawno, i'm done for now. There was a descending triangle at 50c. Should have seen this coming. Oh well, Im out with a healthy profit. This was a massive roller coaster but an invaluable learning experience. There are so many stocks that are still unknown and offer a good opportunity to get into while still in their early days. Someone recently said that whatever stocks are HCs most discussed are bad investments...might be something to that. I know I'm an emotional newbie etc etc, thats fine, call me what you will - and theres every chance the stock will be pumped back up to 60c tomorrow - thats fine too. Or it might sink down to 35c - I wont be reentering until the market has forgotten about MEO again. Any profit is better than no profit. I'll certainly be using stop losses more diligently from here on and will learn how to chart.

Ahh...ING direct...safety until the next worthwhile opportunity.

Good luck all.