I am in for the results also, One would think that if you were a trader, MEO is never going to make you good return unless you are willing to ride out the risks. (Risk being the spud and subsequent result). From a traders point of view with the exception of when the SP was in the 20s and 30s earlier this year there would have been little or no opportunity to buy and sell for a decent profit. The real return is holding through the drill. Ultimately if I was a ST trader MEO would not be my pick, why ST traders bother with this stock especially when there is such low volume is beyond me.
MEO Price at posting:
47.0¢ Sentiment: LT Buy Disclosure: Held