MAE 0.00% 0.0¢ marion energy limited

nice buy, page-14

  1. 4,045 Posts.
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    I wonder how much of this push is daytraders?

    Well done to those who bought in the high teens/low twenties. Personally I sat on my hands thinking it could have gone either way. I would keep a tight stop loss on those new shares - we have seen daytraders push the price up before with the inevitable slump later.

    Probably oversold in the low 20's, but if daytraders are involved, they'll want to exit before July 1, not taking the risk the directors haven't exercised.

    One thing for sure, come next Wednesday we should know. If it goes the wrong way, I'll be topping up - hopefully that wont happen.
 
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