mte a screaming buy

The hysteria and panic selling over the last 3-4 tradings days has seen MTE go from an intraday high of 90.5 cents on the 4/8 to an intra day low of 54 cents yesterday which is a trading range of over 40%.

With no basic change in the fundamentals of MTE this defies all logic and presents a fantastic buying opportunity if you have any money left !! The rally in the afternoon yesterday smacks of smart money loading up shown by the heavy volume. The stochastic is also giving a buy signal.

Interesting to see how it jumps out of the blocks today.