MAE 0.00% 0.0¢ marion energy limited

next chart level, page-10

  1. 8,606 Posts.
    In unruffled laughter i could reply:
    "A little birdie told me".

    In truthiness, Ive interpreted conversations with brokers, directors and industry (gas/infrastructure etc) specialists and my past has included hands-on dealing with the subject of corporate shifts/deals/takeovers etc, so insight always comes easily to me with a MARION-type play, (whether im right or not).

    The only mist about MAE's shareprice in my crystal ball is coming from the credit crisis' downstream effect on institutions tightening their buy/sell triggers.
    Since around Nov lazst year we've been dealing with 2/3/4% ASX fluctuations and it appears the volatility has become a loose expectation and all market values are based on expectations.
    With the market economy being so fish-slapped, most investors expect their investments to average out in negative territory in the rollercoaster ride if things dont improve - so much that the bubbles, bears and bottoms are all manifestations of low prices and price trigger fears, as we all know. Many investors/institutions are dealing with the shakedown by not exposing their investments for more than a quick dip. It is done with tight parameters deciding the exit value.
    Mae likes to dance around a little nowadays, so expect such a positive company to typically outperform the index wildly, as the BUY triggers take a strong hold on MAE's price.
    If Realestate, the general stockmarket, superannuation and credit scenraios dont improve, we will continue to see banks offering up to 10% for safe term investments. Whilever that is happening, the investors will typically desire more more more and be tipping their toes in and out of the market until the broader situation improves.
    Again, companies like MAE (GAS industry upside, US dollar recovery{?}, pregnant with positive announcements and on the verge of reaching the top of the hill will command attention from those in the know, a little slow or just plain conservative. Its a ripper!

    Next week i think we will all be at the mercy of high volume institutional price triggers as the US and media sniff out more credit woes.
 
watchlist Created with Sketch. Add MAE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.