Interesting Analogy: I was studying 7 peaks and then following shorts for the period of past 1 Year.
1. 9th Sept 2014: SP High 0.28 the following short session was for roughly 6% of the issued shares
2. 22 Oct 2014: SP High 0.245 the following short session was for roughly 4.1% of the issued shares
3. 3rd Dec 2014: SP High 0.22 the following short session was for roughly 8% of the issued shares
4. 2nd Jan 2015: SP High 0.21 the following short session was for roughly 8.5% of the issued shares
5. 15 Apr 2015: SP High 0.255 the following short session was for roughly 7.8% of the issued shares
6. 24 Jun 2015: SP High 0.29 the following short session was for roughly 3.5% of the issued shares
7. 4th Aug 2015: SP High 0.32 the following short session was for roughly 9% of the issued shares
At no point the shorter's could trade more than 10% of the Issued Shares, I have good reasons to believe this is the Trading Zone (or lets say Day trading zone). And all due respect to these smart people with the brains to make money on the PIPS.
Considering above analogy, Long-Timers should have a very sound sleep, because MBE is heading the right way and is being held by strong investors, which will see through where the company wants to reach..$1 Mark in a reasonable time frame of 18-24 Months.
MBE Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
