Timbo, I respect your opinion but am confused by the line...
When you see a huge spike on big volume. That is the get out day. We are not close to being at that point yet.
If i look at the 5yr, 2yr, 1yr and 6 month chart that is exactly what I see. If I go to the shorter term... 3 months or so, the volume spike is less pronounced but still significant. What sort of volume would you be looking at as a danger sign ... 100mil?
I guess a big proportion of Fridays 17mil would have been placement shares. Are you discounting this from the spike in volume?
On the sidelines at the moment but thinking hard over the next 24 hrs.
MNZ Price at posting:
$7.00 Sentiment: None Disclosure: Not Held