Whenever a stock is oversold the "smart arses" always appear....

Whenever a stock is oversold the "smart arses" always appear. Some like to know others have lost money to make themselves feel better and some will be looking to buy as cheap as possible IMO..

Anyways, MEL has been on my watchlist for ages and I will also be looking to buy when I manage to free up some cash. This Gov has/is doing some crazy things but i hope for more stability when the Liberals get back the top job....

I am pro CSG and Australia needs this energy source, especially on the east coast. I don't know how long MEL will be oversold for but for those with a longer term view,,,this seems like a HUGE oppertunity to load up IMO...

hang in there holders,luckily MEL has plenty of cash....Its been a tough year for many small caps so you not alone..

Might be a good time to take some tax losses and buy back...try to benefit by decreasing your taxes(tax losses) and hopefully it heads higher soon...

I also thinks is good that MEL is cutting costs to ride out the storm...