MKY mky resources ltd

your views and comments.I have felt today that day traders...

  1. 535 Posts.
    your views and comments.
    I have felt today that day traders jumped in at the start of the day and had to exit. I actually like that coz then we dont have any more dumping for that reason.
    Interesting, the volume was around 11 Mill before the ann and the end vol is what 20 mil ? which again makes me feel that most of the day traders and profit takers/panic mode guys exited.
    The news today definitely wasnt any bad towards MKYs goals. Just that the traders were expecting better. the fact that it held itself at .07 is the proff towards that.
    I dont careless whta it does in the short term. stocks like this need their time to build up. No ramping no nonsense. good mgmt and infancy stage company
    Peter Beatie has indicated tho that if the decision was the fall on individual states he wud not allow mining. Rests on kevin rudd now.
    Interesting ALP meet....and EGM for mky coming up. for that matter all QLD tenements.
    WRXSTI, what do you thing?
    Others, comments welcome, but only polite ones. No use is barking and biting.
 
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