MKY mky resources ltd

dead cat bounce

  1. 4,752 Posts.
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    Mom's and dad's and all of the folks that heard so many wonderful rumors on MKY will only start selling tomorrow. Technicals look "shredded" with a severe downside bias. This one is turning into a falling knife, casulaty of a slightly overheated U dementia in the penny stocks.

    Why would the management put out such a silly pointless announcement? ..as the one put out today? I thought that MKY had bought on board some extremely competent people ?
 
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Currently unlisted public company.

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