Just as it looks as though momentum will take the SP to 40...

Just as it looks as though momentum will take the SP to 40 cents, we get a little build up of buyers to stop it from getting there.
Contrary to the belief from some that "if the coming announcement is positive then the SP should be rising, so it must be bad news", the SP is actually holding firm IMO.

How bad is the MEO SP? Well the CR was at 45 cents. The predictions came thick & fast that we would hit 30 cents or so but here we are as I type, sitting at 43 cents, just 2 cents down on the CR price. All this on a day when my whole portfoilio is showing signs of embarrassment, such is the amount of red on my screen!!

Anyway! Just thought I'd throw another positive slant on a negative trading day whilst we're all twiddling our thumbs!!

Cheers!