The carnage on wall street and germany today means this company will probably lose another 10% of it's value today. Yet it still hasn't filled the gap from the last sell-off, which is incredibly frustrating. One usually handles the sell offs by waiting for the reversals, this company on the other hand seems only to get beaten down. On august 5-9th MEO lost around 8%, which it hasn't recovered from, BHP lost the same amount in the same period of time but recovered 4% in the next three days (which mirrors the all-ords).
MEO Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held