Seen this with KAR pre P-1 spud, Wellington at the time kept the...

Seen this with KAR pre P-1 spud, Wellington at the time kept the SP low and capatilized on the hype. KAR went as high as HI $3s, then started to drop as P-1 neared TD... Luckily announcement was a positive one that the SP rose significantly. Lets not for get though P-1 was targetting 7TCF where KAR owned 40%, KARs market cap was over $400million, and did not have squat before Poseidon... Go figure that one out...

With MEO I think the dynamics are a little different, too many smaller players ST trading consistantly, not enough LT steady Holders. Traders are continually playing into the depth, and trying to make a quick buck... Same stock gets recycled over and over by the same people. This cant be good for MEO. MEO needs some solid share holders the ones with steel undies.