I totally understand that MDS will be whipsawed around as stale bulls exit, others take profits on their issued shares, and the market finds a new level for this stock. These types of situations can be VERY profitable if you are patient, as the market often OVER discounts a stock because of lack of knowledge!
MDS has been a VERY illiquid stock, and right now also a very unknown stock. But the first is now changed with the new shares on issue, and the latter will alter too as more people now enter the stock & of course talk about it.
I saw this similar situation with EVE, where I was able to pick up shares at will in the 4 to 5 cents area, and then suddenly hits 9 cents in a blink (dropping now because of AFR SPP)
What I like to do with stocks like these is place bids BELOW the action, waiting for the odd desperate seller to drop some down to you.
Slowly picking up a nice amount of MDS at the 3 to 3.5 cents range
MDS Price at posting:
3.5¢ Sentiment: LT Buy Disclosure: Held
