MTM lost half cent to finish at 11. Volume was still not very high, just around 3m shares traded. . ASX REE stocks were mixed. Of the 26 REE stocks (list in my Weekly Report) that I track, on average it was flat - no gain or loss . So another day, another slight weakness. Its evident lot feeling nervous. Many folding their hands too, looks like some regular posters as well, which is not surprising as its risky and many don't want to play the risk. . So is the small sell by those in the know or normal behaviour of taking of risk? Difficult to say. If it was in the know, volume would have been much higher. Others may have been expecting that by this stage we should have gone higher, and it has not - so does not meet their play. . So what will happen tomorrow? As I wrote yesterday, I am not sure. We can only hope but at this stage the drill bit would do the talking. But it would be good to finish the week in green so that we are in positive mood for results next week. Will that happen? Lets hope so.. All the best.
MTM Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
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