MEO's high volume rise to 71.5c today ( peak 73c). Wow !! who needs Viagra. When will it hit $1..$2.. wow!.wowoow!!
Reality:
Pre Farminee announcment was always going to get the SP to 70c plus this week...It happened.
Post positive announcement $ 1.17+ allowing for 20% swing for D/T activity.Every one happy..next step ..Tassie Shoals etc etc...let's see next week.
Hate to spoil the pre party but let's wait for the real Party.
In my normal business I rely on lots of DUE DILIGENCE. I have done this on MEO and have come to my conclusions based on my DD which involved a lot of research.
With great respect to all shareholders.. I would have thought that the majority would have researched thoroughly or have had many years experience in the stock in the last few years.
One thing all shareholders need to keep in mind is the fact that not all Posters can be taken for granted..including me...be vigilant..HC is prone to "Shareholders" that have meetings with Co directors and other Company private meetings...etc ,etc..Caution needs to be excercised.
Bearing all that in mind ,all shareholders that have faith will support the Co (and lots have) now and in the future..because MEO does have a future (IMO).
Long term Holders.. your day is coming soon.
Short Term Holders: Buy and sell to get a free carry
Intraday Traders: Your pump and dump sessions will get you 5% max and then you will be out of it.You don't have long to go.
Bottom Line:
Any shareholder attending a "Select Meeting" with company officials prior to a major announcement and reporting the "Inter Alia" discourse ,privy to the the select few attendees, to Hot Copper really needs to rethink their communication in light of the new strict guidlines in place with ASIC and ASX.
Shareholders with alledged large shareholdings in particular need to be very wary of their positions in the public forums...According to my brokers (DYOR) Big Brother is now watching now and targeting Insider Trading ..reporting activities among the Professional Traders are now becoming onerous to say the least..It is happening now.
I am always dubious about any poster purporting to ask questions to The CEO of a company at a Select meeting of shareholders prior to a major announcement on behalf of HC posters.
Sorry guys/Gals but you must be realistic..do you know me??do i know you?? Do you know Ahab??
What do we really know?? We only know in reality is what we have been told by the Company. Anything different would put us into a binding Confidentiality Agreement prior to a Major Announcement..as you would expect!!
It is all going to plan..that is all we need to know!!!
All of the Above are strictly my Opinions and as always..
Caveat Emptor..And in Vino Veritas..great wine that one..
Be Careful posters the day of the Big Brother is here along with lots of litigation...in my humble opinion..check it out!!
MEO Price at posting:
71.5¢ Sentiment: Buy Disclosure: Held
