I have no doubt MEI will sail past 4c at some stage but today is day 2 of the great race which usually pulls them up for a period! Today wasn't as genuine as prior, but thats all part of the game! An entry of 3.6 chasing an exit of 3.9-4.0 with a stop loss set at 3.4-3.5?
Research the man all over the 21,500,000 securities announced today. Here is the first paragraph of a news story a little while ago!!
"Melbourne’s bustling Tolga Kumova is both surprised and miffed that his resignation as managing director of the boom graphite stock Syrah Resources has wiped $270 million, or 23 per cent, from its market value."
He took this stock from 10c to $5 in 18 months!!!! Also a world renowned broker with a tonne of pulling power not to mention BRW rich lister!
