MEO 0.00% 0.0¢ meo australia limited

Who would have thought a week ago that we would have another...

  1. 322 Posts.
    Who would have thought a week ago that we would have another opportunity to purchase in the low 70's and possibly 60's.
    The day traders are bailing, with a significant dents in their capital, but the buying level is no longer there (2 to 1 seller v buyer), why,
    have they filled their positions and are prepared to wait or are they nervous that the pending announcement is not going to be as positive for the share price as many posters try and infer.
    This is now imho, a toss of the coin, buy now and reap the rewards of buying against the market if all goes well, or cash in the substantial, but currently declining profits that many holders are sitting on before the market has an expected substantial decline.
    I hold but with hindsight now wish i followed my normal proceedure of taking some profits at each peak as i have since entering at 33c
    Some people just don't learn
 
watchlist Created with Sketch. Add MEO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.