MEO 0.00% 0.0¢ meo australia limited

capital raising a smart move?, page-10

  1. 521 Posts.
    Wrong.
    Where would you borrow the stock to short sell?
    Ownership is in the hands of DT and ST punters and not with serious professional money.
    IMO the selling came mostly from DTs and STs panicking and triggered stop losses - all jumping over each other.

    Well, here is a message to all DTs and STs shaking in their boots and high heels. Target is no more than a week away.
    So, if you are worried about A#1 coming up a duster you would want to be selling this week. But remember, if you are holding - downside is to 20c, upside is possibly $2-$3 and it's still on the toss of a coin.
    Make up your mind this week!

    Good luck all.

 
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