MUN 0.00% 4.8¢ mundo minerals limited

gold & producers up ... mun down 12%, page-14

  1. 5,583 Posts.
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    JL, from a trading perspective MUN was a strong SELL last week when the sp went above 40c but couldn't hold on to that level. The stock is now a BUY as the stock went below 30c support, formed a reversal candle and ended the day at above a key support level on big volume, someone is obviously keen to mop up all the shares released on the market by fat prophet subscribers. I'll be looking for a move back to 40c and see how she behaves at that price before selling what I consider my trading stock.
    I also keep MUN in a long term account, and I'd like to see the upcoming drilling results from Jacquerinda and see what Torecillas has to offer before deciding what to do with those, but based on the quarterly and results thus far from Edgenho... am not a happy camper.

 
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Currently unlisted public company.

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