Rising on no news, beyond any general market rise, like MGV did yesterday, is the MOST powerful and sustainable rise a stock can do.
It was a great day for MGV holders yesterday.
When news does come, it can rise from here rather than in the 50s.
Hopefully you are aware however, that expectation of good results will already be partly "covered" in the current share price. What is announced will need to add in some way rather than just be confirmation if you are looking for a significant price increase.
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MGV Price at posting:
62.0¢ Sentiment: Buy Disclosure: Held