MEO 0.00% 0.0¢ meo australia limited

where are those die hard supporters now, page-25

  1. 1,092 Posts.
    mgc,

    I respect that you are a short term trader, I also am a short term trader, but only with certain stocks. If I see an opportunity to hang around, I will as is the case with MEO. Anyone that got in after the halt and made money good on them, as the opportunity was there with a door wide open. But, the "herd mentality" is what gets on my nerves. Dumping out of fear isn't the brightest thing to do if you really have done your research on a company. I dare say it's those that wouldn't even know what MEO does and just buy in and then can't even justify why they dump at ridiculous prices. Of course it is of benefit to the day traders who join the rollercoaster with the bots. The only point i make is that this stock isn't priced on fundamentals at the moment, as some may suggest. Not in my books anyway. Goodluck with your trading, you obviously have a strategy of some sort, not just a pot luck approach and freak if it doesn't go your way overnight. :)
 
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