MEO 0.00% 0.0¢ meo australia limited

today's trading

  1. iam
    1,149 Posts.
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    I am intrigued.

    MEO has been virtually BOT free for a few days.

    I have been keping an eye on the 243,729 shares for sale (which I now know to be gregke's) for a couple of days now.

    It is now stranded at 38c and is probably being kept there by the BOT as part of the cap.

    After greke showed his anger towards MEO after close of trade yesterday and the agreement of other HC posters towards the sentiment the BOTs have been over MEO like a rash today.

    I am not saying anything about a conspiracy on gregs part but it does show how some market action could be linked to HC in as much as there could be trader scouts patrolling the forums for any negative sentiment to take advantage of.

    The 37.5 resistance is still holding though.

    This is my observation only.

    #:>))
 
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