It is very unfortunate that MPO has been put in this position. In my opinion it is being manipulated down, and because of that situation that is easy to do. I noted during closing auction that there was a sell for 7291 at 43c. This changed to 7281, and was then withdrawn, and then back to 7291 again, with each change being about 5 seconds apart originally, but became faster as auction progressed. The match price was at 44c for 7291 and 44.5 for 7281 and when the ask wasn't there. So the price fluctuated at an ever increasing speed. Finally a large buy was placed at 45c and the ask disappeared.
MPO Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
