MEO 0.00% 0.0¢ meo australia limited

I sold out today at 43. Yes, I tried to hold and although...

  1. 489 Posts.
    I sold out today at 43.
    Yes, I tried to hold and although critical of mgt for weeks now, was taking a gamble on the ann being positive come mid Dec. I should have sold out before. My decision - my fault. Made a profit - now a loss.

    I did think (hopeful) it would bounce with Director Options approaching. I do not now but hope for long term holders it does.

    As I posted I hope it does bounce after the DOW effect kicks in. Then I might return if it hits 40. Part of me is inclined to think the big boys loving this drop/fear - part of me very cautious on this stock due to mgt.

    That is it. Nothing complicated.

    So long termers/true belivers in Jurgen and the team of course should hold.
    Those who cnanot afford to lose even bigger $ should sell as the risk it will not bounce for sometime (drilling = Oct) should sell. Simple.
 
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