Hi all, let me tell you straight forward I am no expert but looking at MEO over the last 4 weeks someone is certainly continues buying at a some prices they think is acceptable. Lets face it when I want to but a major stake in a company I would try to buy at the lowest price and not around 65c. When it goes to high I would dump quick a million at market, the price goes down 10 or 15 cents, a lot of stoplosses will be activated and bingo, I can buy again at cheaper price.
We all know that someone is buying continuesly. You only have to look at the Marketdepth, it always looks awful but the price still going up.
Does it make sense what I try to explain?
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Hi all, let me tell you straight forward I am no expert but...
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