A large majority of the Hotcopper community thought SIR was overpriced at $0.30, only for it to continue on to $2.00+
No doubt there is quite a few from SIR that have made large profits and are looking for the next trade, i.e confident investors who are also willing to punt some risk money for the chance of catching another SIR run.
The thing with MEU is that is has results due in the next few weeks and interest will no doubt remain and likely build leading up to results as brokers get behind it and independent research emerges.
IMO I see the fall back to 15c worst case from profit taking, but as insto money flows in and traders take to it upside 30c+ short term and closer to 50c on results
MEU Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
