MES mesbon china nylon limited

rising in a down market

  1. 4,222 Posts.
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    Guys and Gals,
    Hate to say I told ya so ,

    One of the few stocks on my screen today and yesterday to post green has been MES,
    Buyers following my posts when the stock was under 10c have done well although little liquidity still. It will come but I suspect not until we see trades and bids above 14-15c at least - no real stock available to offer traders.

    return on th recent DRP just recentl allocated is 4c on 8.5 cents.

    return on the last week trade values say is 2.5c on 10 c

    that is what happens to seriously undervalued stocks tht hit turnaround stories and have been out of the brokers headlights.

    Those that read the reports and small investors who have time to cover these positions always outdo the pros who concentrate on over researched majors subject in global index pressures.

    Hope you bought quite few Jemma
 
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