MYX 4.50% $4.03 mayne pharma group limited

Massive inverse head and shoulder formation, page-31

  1. 525 Posts.
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    Honestly, it's all just noise. Take a few days away from looking at it. The post-AGM share price didn't go the way I was expecting either, but I was pretty happy with what I saw in the report. I think given the market dynamics, potential for new product additions etc. that it would be hard to forecast full year EBITDA and NPAT. I'm ok with that. They actually gave a lot more details re the first 4 months performance this year than they did last year. Agree there is absolutely manipulation going on in this stock, but if you get nervous and think about pulling the sell trigger or start to say things like "at this point I just want to break even" then you are playing into their hands. I bought another small parcel parcel at 94 this morning, couldn't help myself. It may drop even lower, and that's fine too. As has been quoted before - "the share market is a platform for transferring wealth from the impatient to the patient". Decide to be patient.
 
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