MCC 0.00% $16.01 macarthur coal limited

Virginia,I am talking about current price, had it not been for...

  1. 2,878 Posts.
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    Virginia,

    I am talking about current price, had it not been for the announcement of a bid it would never have been trading this high.

    The there a high risks now, that there will be a major pull back the longer people wait for news of this supposed bid.

    If you had bought at 7, 8 , 9 yes you can take the chance, or as u said sell your initial invested amount.

    I certainly wouldnt be buying at these levels.

    As u can see down already 1.40.

    Good luck, but thats just my opinion. It looks expensive.
 
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