smh: mclennan miracle needed to renovate ten, page-13

thanks Orion for your feedback. Yeah - I'm not really using any technicals for this one. More a case study based methodology along with fundamentals. There are a lot of shares that have been picked up at 20c. Also the recent good news (stokes and new MD - before I opened my latest short) is really quite irrelevant to the big picture. All that matters is news that will suggest they can build higher revenues, and gain critical mass to have a business that will survive.

I shorted again at 37.5 with a short to close out around the close - hopefully 36.5. Still holding a primary short targeting 29c.

BTW - I do hope this business can reinvigorate itself, but I think we will be waiting for signs of this for quite a while.