MSB Trading 2020 - a new dawn, page-842

First 842 Last

Share
Profile

Follow
Pensive

1,680 Posts.

459

17/08/20

09:41

Post #: 46584203
Share

Originally posted by ddwn: ↑

I hope you are all well rested and ready for a new trading week.

I'm still feeling quite high from the ODAC meeting, but let's see how that is translated to the SP this week.

We have so much to look forward to as I've listed here https://hotcopper.com.au/posts/46566020/single
I've also had a chance to reflect on the MT here https://hotcopper.com.au/posts/46574335/single

A quick recap...
MESO, on Friday night we've had almost US$0.5B traded, that's right US$500m
That's huge, talking about a global behemoth in the making - the interest in Mesoblast has just started and it will snowball from here, assuming that each of the milestones are reached.

Remember Mesoblast is still pretty much an unknown spec stock in Australia. In the US it is even more unknown.
This is all about to change. We are going to get a lot of publicity and will push the SP.

Chart wise, the SP has not been at these levels for 5 years.
It doesn't happen by accident
Once a huge ship has turned upwards, it will keep going - it is gonna be hard to stop it.

But, what about today?
MSB will catch up with MESO first, so that's just a tad below $5.
Get to that target first and then we'll push on to close in the $5.20s

It's be interesting to see Shortman today, as it will show the short net positions from last Tuesday's trading where I believe ~10m short positions were closed. We'll see what shortman shows shortly.

We've done the hard yard, so saddle up guys and enjoy the ride - HODL

Expand

Strongly agree ddwn, it’s our turn to play catch up with Meso today!!

MSB Price at posting: $4.70 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

AI stocks: What to expect in 2024-25

M2R

Miramar sniffs 5.48% Cu, 54.4% Pb and 73.48g/t Ag at new WA prospect

WGX

Australian foreign investment regulators greenlight Westgold's buyout of Karora

ASL

Andean discovers up to 4,649 AgEq through maiden drilling in Chile

SKC

SkyCity to lose NZ$5M in 2025 over complaint closedown