I feel this has more legs ro run as well, but I can easy msee any making $ between late 50s and mid 70s for a week or so. Can also see an annoucemment made mid/late next week that shocks many and it skyrocketing to 1.30s. This is a SPEC stock and as such all we say is mere speculation.
Risky to offload but also risky to keep for too long for many. It all comes back in you beleive in the MEO story. The ones who do will win the most - like those who invested in Karoon early IF gas is it. (IF being the big workd) Traders will win (with much less risk/stress by off loading here and there) if gas is not hit.
DOW will make a big effect come Monday. Other than that a light trading day.
Corporate reportings eason looking good in USA next week - so maybe Monday will be the last down day??????? If a big player is annouced I really IMHO can see this going MUCH higher than now. Both MOG and MEO loved to be pumped - AND dumped! MOG more so.
MEO Price at posting:
65.5¢ Sentiment: Hold Disclosure: Held
