MPO 0.00% 14.0¢ molopo energy limited

directors sells, page-17

  1. 1,429 Posts.
    I was repeatedly, repeatedly tempted to get into this share with the all the almost irresistable 'no brainer' 'dolllar by xmas' stuff and so on and polls of what the price will be by date X next year etc.

    I ran up buy orders to the point of 'proceed' about 15 times - but I never did because I thought:

    1. It has run too hard.

    2. Management to flash for it's own good for such a small co.

    3. Consolidation possible.

    4. Making money too far off.

    Still it did well for those that caught the bus from 6 cents to 30+ cents of course. But overall too much resemblance to 13 stages of Hotcopper fantasy stock for moi. If a director sells, sell. Unless you want to lose money quickly.

    k-tel.

 
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