MNB 6.52% 4.3¢ minbos resources limited

TA/chart, page-51

  1. 14,275 Posts.
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    "a bus driver told me that his sister-in-law (who works in the cafeteria of a well-connected brokerage house) has been hearing rumors"
    That sounds like sarcasm or is that really what you heard?


    "so Chuk and Carlton are you going to tell us what you’ve heard or continue to play primary school Chinese whispers with us"

    I won't post what I don't know to be reliable info. It will sound far fetched anyway although it had nothing to do with a Lithuanian zinc conglomerate!

    I won't rely on any of these rumours but the chart has suggested some strong buying even while the market was crapping its pants at the start of the banking crises. Charts often give us all the info we need on whether to sell, hold or buy even if we don't know what exactly is going on. The buying pressure might have nothing to do with these rumours. It might just be because of the strong fundamentals and stronger blue sky upside. That's good enough for me.
 
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