I think the guys with the multi-million share bids at 8.5 and 8.6 are serious. They are not buying MBN today to flip them tomorrow. They are trying to accumulate at a bargain basement price before the market wakes up to the awesome potential of MBN.
And that is why I don't think you will see early morning weakness as we have seen in the last week or so anymore. Anybody trying to set the tone for a weak open will sell to these guys - who will happily take their shares and not give them back!
- Forums
- ASX - By Stock
- MBN
- Temptation to sell
Temptation to sell, page-51
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)