You got punk'd again! I cant belive how gullible many of you are, i dont know how it is that many of you short traders survive quite frankly.
11.5c, 12.5c brilliant buying opportunities, thank you again and again. It was testing 16.0 yesterday arvo with a breakout imminent tp 17-18 and then they pulled the ole stop loss scary drop code 4 on you again and you fell for it hook line and sinker just like at 12.5 and 10.0 before it, now suddenly buyers from nowhere offscreen going on screen and building getting your cheap weak hand shares.
With EXTREME LOW VOLUME monday morning, they thought you guys had cottoned onto them finally. They were considering a spike attack monday but tried a dropout attack at your stop losses and then the low volume scaremongering flush out worked a dream and hit numerous stop losses. This morning same again, saw your stop losses and hit em all.
Now you are out at 11.5-13 and the SP will shortly move back to 14-15.5 again and you are chasing your tails again. The DT does not work bar 2 days out of 21, they have been spiking the opens and collapsing the closes 90% of the time. Today the opposite, collapse the close and now spike back to the range.
The 14-18 range will come back into play as the US noteholders demand it, the demand the stability and the keeping of the yellow brick road range, the test of the low channel has been met with fierce buying. Whats the message?
The US noteholders and their insto managers WILL NOT let this collapse in a heap and undermine their current strategy, they WILL get it back into the channel range 14-20 anytime soon. They have achieved their goal in the last 24 hours, flushed out another 15M shares of weak short held hands which become longs, so now another 1% less available for trading out of the 8% available which i estimate is now down to about 3% or 30M shares available to trade with.
The volume is getting tighter and tighter. The sahara desert has just dried the available trading stock out even more to less and less and less available.
You have been punk'd and you still dont know it...ive been telling you its been played, its been manipulated by the US noteholders/instos for some time and now again, who has the capacity to know where your stop losses are or use CEXT trades to make you buy/sell? Who has been buying in while you toss coins as to where its going?
Chartists tossing coins as to where the support is and weak hands sweating bourbon again.. the same old script,
Havent you got it yet, The shorts come and go but the longs keep on buying and tightening the grip, they will wait and wait and then suddenly BANG spike 4 c again up to prove their point to all of you. MBN is a long stock with a well planned well designed strategy and channel sitting 14-18 now ...it cannot be beaten.
We the major holders and the 97% of MBN longs, we cannot be beaten.
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