MEO should break as soon as the hysteria and pumping and dumping associated with MMR and BUY ends..
BUY has been a classic day traders feeding frenzy.Time to break out the firehoses in preparation for the burning backsides lit by the BUY BBQ and started with lots of hot air.
MMR should peak in the 50's/60's and move sideways until drilling.
We (MEO shareholders) should see some momentum this week after we lost it (momentum) to MMR/BUY (in the same business) in the last 5 days...they stole our thunder.
Lots of traders in MEO/CUE bolted to the other camp to make some quick profits...their money has been tied up there temporarily.Don't worry the next announcement is next week. Possums should be stirring shortly.
I noticed a buy order @ 54.5c at close but somebody decided to sell @ 53c at the bell.How stupid!
In any case it will be MEO's turn in the next few days.
Cheers,
HR
All of the above are my theories..even I believe them sometimes. DYOR
P.S ..at moment MEO/CUE look cheap compared to MMR/BUY ..IMO
- Forums
- ASX - By Stock
- MEO
- reality check
reality check, page-12
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online