BundabumDon't know if it is the "answer' as don't exactly agree...

  1. 13,316 Posts.
    lightbulb Created with Sketch. 168
    Bundabum

    Don't know if it is the "answer' as don't exactly agree with your interpretation...

    You could follow the same logic for traders entering MEO when it was in the 20s..and still dumping....

    My view is that MOG got ahead of itself....as previous 2 attempts at 40 cents prior to breakthrough on final approval news, MOG was trading around 15 cents both these times....

    Surge on MOG up to this announcement was signal for me news was due ie getting ahead of itself and out of whack with MEO as MOG more favoured vehicle for ST traders given additional leverage it offers sp wise...

    Anyway I used that as a signal to buy MEO shares and done nicely so far on that trade..

    That is why I follow both stocks given close association with Artemis....

    And yes I also like Haspete's chart...very realistic target for me given resource and risked/non risked values touted for Artemis...

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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