possibly, who's in charge of rumour control? could be all BS and desperate rumour created for some SH get out and or Shorters strategy - I would think David Jones also doing it tough as is the retail sector generally and would think want to buy cheaper rather than flag intentions only gets SP up (probably only short term) and DJ ends up paying more. who knows but we all know there is all types BS to facilitate investor perceptions over the reality..
watching from the sidelines, maybe bottom feeding....MYR may present itself as a quick trade opportunity like today on rumour up 8% but wont be hanging med/long term that's for sure. very bearish chart/trend.
IMHO DYOR etc
MYR Price at posting:
36.8¢ Sentiment: None Disclosure: Not Held
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