Quoting you from your post above: "Big 500k sell today. Wonder what is that about. People are starting to realise that they bought based on thinking the company will produce at a total cost of 600$?" As always you look at everything to do with MYG from a negative perspective. From a positive viewpoint you could say that the price only dropped 3.8% on $30K worth of trades compared to MSR which dropped 10.2% on only $14K worth of trades, showing more support for MYG at current levels than the lack of support that MSR has at current levels. From that perspective I would say that MSR has a fair way to go down before it finds good support, compared to MYG which has good support at current levels. It all depends which way you look at it, hey.
And the part where you say "People are starting to realise that they bought based on thinking the company will produce at a total cost of 600$?".... I say c'mon lederp give it a break. That is what you want to believe. You are full of it. End of story. Busting
MYG Price at posting:
4.9¢ Sentiment: LT Buy Disclosure: Held
