MEL 0.00% 0.5¢ metgasco ltd

mel's sp ahead of csg out of newcastle, page-5

  1. 8,458 Posts.
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    I think both ESG and MEL chart wise are set for the next run.

    If I had money to play with I'd buy ESG for the next run...but I don't so its become a practice run for me:)

    I don't see why MEL couldn't test 70c in the coming week or 2 (pending wall street of course) though it does look as though someone is unloading their MEL shares with the sell side stacked with 10K and 20K lots.

    I thought they might be there just to try kep the sp down, but 55c got taken out pretty easliy and the orders higher up haven't been oulled...so must be genuine sells.

    DYOR as Im an amature:)
 
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