Punters are holding off in the sense that they fear paying too much for MHL shares this early in its run. Plently of punters out there, most of them did not get their full fill yesterday and today, but they are trying to be patient. Also its Friday, so there is always the fear of holding trading stock over the weekend.
I expect there will be a bit of a dump by some traders so that they can get the price down to fool others that it could be bought more cheaply on Monday. They could be proved right or may be wrong. It is all good fun to watch from the sidelines.
loki
MHL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held