MBP 3.23% 3.0¢ metabolic pharmaceuticals limited

re: information on mbp-- The rampers have gone for the day, you...

  1. 1,363 Posts.
    re: information on mbp-- The rampers have gone for the day, you know the ones saying it was cheap at $1.50 this morning, just before the announcement that drove it down to $1.35. More to come once the news is absorbed and a few more realise how much blue sky is already factored into the share price and a few more stops are hit. It'll be interesting to see if the props get hit late this afternoon as well, noticed they came in to hold it up.
    I won't play at all, not enough leverage at this level, could be worth a crack at $1.25 and we'll see it, it's been over bought.
    sbp offers good leverage for a bio play as does ept for that matter.
    I like to buy on weakness , you know when the sheep panick, I never buy into a rally, I quite often sell though.
    I also like to "keep the bastards honest".
    Just don't like one line ramps.

    good luck holders


    cheers, stainless


    cheers, stainless
 
watchlist Created with Sketch. Add MBP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.