original market maker(we call A boy) open position since june 1999.most around 0.20-0.385 range,fist time reach 0.60 15 Nov this year,and try to puch above 0.65 before today report release.but North American and UK based institutional investors(we call B boy)suddenly have a hand in.that's about 62.8m share,that would cost A boy about 16 months to build up, even the price 0.52 is pretty high than Aboy.but condition is B boy can t trade those share start from today.if share price is 0.60,the B boy may sell they share to make quick profit.A boy precognition this will happen as usual,so must sell off from 0.60 ASAP.that"s why open a gap at 0.545 25 Nov 2010.market closed 0.485,that's 3.5c low than 0.52,the hot potato passing to B boy now.lower price at 0.45 15 Nov hard to meet again,and the gap must fill,so going up is mission .but only if A boy want out,that's sad ,that's completely other stoy.monthly chart looking good,weekly chart touc lowest suport,day chat 0.465 is the final line. other stoy.
MEO Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held
