MSB - 25% from Wednesday's close to last night's close ($5.00).
Substantial profit taking after Wednesday mornings big announcement (opened at $4.40, fell back to $4.00), but since then it's been all up.
Shares on issue: 154 million.
Turnover the last couple of days: 1.5 and 1.9 million which is tiny, and assuming some of that is multiple turnover of parcels by spivs (mea culpa) then it's obvious that 98% of shareholders haven't felt the need to cash in their chips despite enjoying a 50% rise this week.
Market cap is now almost $800 million.
So is this stock too big to day-trade?
Is there more in it?
IMO: No, and yes.
discl: holding bagfulls, accumulating.
OK, that;s it. I'll pipe down now.
Unless it hits $6.00 today, then I'll pipe up again.
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