patvv,Anything is possible.However, entertain me, for what...

patvv,

Anything is possible.

However, entertain me, for what reason would you buy them in the high 20's if they retraced back there in the next few days.

1) They would have broken support
2) The activities of the business would be viewed as negative - therefore squashin any potential upside upon confirmation of that news in the medium term

The stock was always going to have to do some work around previous resistance. Its important for the next move upwards. As a consequence enduring holders or traders will lock in profits upon any news - which they have.

Given that re-rating news is potentialy less than 5 trading days away - then it will be interesting to see how this finishes today.

MHM has had solid days in a row - a 4th would indicate the possibility of a significant rise tomorrow.

IMO
DYOR