MMR 0.00% 0.4¢ mec resources limited

why is it going nuts, page-3

  1. 8,606 Posts.
    Enourmous reserve,
    Traders normally pay 49% tax on immediate profits and this is therefore a 51% premium for their profits.
    Its a non-retiree superannuation style benefit.

    And its based on a real thing, not hype.
    Many are trading it, many are holding, but at this point, the share has presented itself as a no-loss growth stock, so dont get too wrapped up in the fluctuations, they wil continue - yet it will remain a growth driven share for the above reasons IMO - but i am stubborn/silly sometimes too, just like everyone else.

    Cheers and good luck.

    Lautrec
 
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