MCR 0.00% $1.39 mincor resources nl

Chart - MCR, page-809

  1. 97 Posts.
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    It is the same story across most stocks. Resource stocks in particular. The level of manipulation by shorters, bot trading, (down rampers to some extent), and by the companies themselves at times makes it very hard to make and hold ground on the share price. I commented here several weeks ago that while I am interested in MCR and feel that it has value, I would be holding off buying into it at the SPP of $1.39 or above. In my experience, the price almost always drops back down below the offer price. Today's price has hit $1.39. I hope for the existing holders that it will bottom now and claw its way back up. However, the market has become so dishonest and distorted now that it is hard to see significant and sustained price growth without major company announcements. We will see.
 
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Currently unlisted public company.

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