Agree in your sentiment, and that MMA is a good company, but fear that the bots are on holidays and will return in the next couple of weeks, pushing the SP down again.
In some terms MMA has got off light compared to say Transocean which last time is checked was running about 33 percent shorts... That would hurt....
MMA needs to give some visibility as to earnings. The last update was that there was low visibility in the comimg half.
MRM Price at posting:
25.5¢ Sentiment: None Disclosure: Not Held
