For what it's worth, this is shaping up as i thought...
(1) this week will be quiet, with an 18-19 spread barring any surprises like a CR or any announcement.
(2) Sometime next week, probably closer to Wednesday, we will start to see it creep either way......as Hardman said, i think that this will be a good announcement or the directors would not waste time chasing tenements. The creep will be obvious either down or up by the increased volume...i still think we need to watch our socks a bit as this can always go backwards.
(3) that said, predictions for SP EOM?
my guess is 23-24 pre announcement, and if we get a goer, i would like a cool 35-36 after the trading halt.....
may the force be with us....
MNM Price at posting:
18.3¢ Sentiment: None Disclosure: Held