Catching a falling knife their Nikpro, but the knife appears to be blunt. This looks to be the standard Short ,Dump and Pump. An excuse to sell it down following the oil price, will the demand for offshore riggs disapate I dont think so the north west shelf projects have very long term thinking.
Buy and hold five years plus seems the only way to trade this market, unless we want to rely on good luck.
MRM Price at posting:
$1.23 Sentiment: Hold Disclosure: Held
