MPO 0.00% 14.0¢ molopo energy limited

mpo speculative buy baillieu, page-13

  1. 17,242 Posts.
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    Noellyn,

    Remember when we burst through 12c and then again at 18c. Both times these levels provided resistance and each time with about 5 million shares on offer for sale at these prices. Several times today there were a total of 5 million shares for sale from 22c right up to nearly 26c collectively.

    What I'm trying to say is that even the emailed report from Baillieu may be enough to trigger a bit of a run tomorrow as there really isn't that much resistance sitting in the sell depth. I guess the key will be how many ops converter sellerers will be waiting off screen for their chance to bail out. One would think by now they may be drying up. We shall see tomorrow.
 
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