Surprisingly broke that 50% retrace but closed above it. At present long term uptrend still intact. Many margin calls and leveraged forced liquidations recently. CFD's exacerbating the selloff. If you believe the story its a buy right now but may oscillate in a low $3 range for a while. I think the $100 mill placement at above $5.50 is an amazing piece of fortune. Leaves other players like MIS scrambling.
MMX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held