MNS 0.00% 4.2¢ magnis energy technologies ltd

I think MNS in the past has been conveniently removed from alot...

  1. 46 Posts.
    I think MNS in the past has been conveniently removed from alot of the broader market sentiment because we were still relatively 'below the radar'. However, recently with all the volatility and general media exposure we've had over the past month I think it's just a matter of timing with today's broader market drop being the catalyst for our inevitable re-trace. IMO a re-trace is healthy when you've just doubled your shareprice in a matter of weeks.

    On the plus side nothing fundamentally has changed with MNS so we can ignore the broader market sentiments. In the words of the greatest investor the world has ever known: “Over the long term, the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a fly epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.” W.Buffett.
 
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