Good post. Common sense seems to think they want it to go BIG! With many people recently burnt by the pump and dump here, and MEO poor mgt decisions in annoucing deadlines thye could not keep the sp got hammered.
Perhaps thye knew it could not get pumped up to big on rumour/plus the insider trading concern - hence open high - pump hard - and then the dump which WILL occur by traders. LT holder does not matter of course. Holding for MEO.
I have a good vibe but time will tell. Karoon also due for a BIG report or ann anytime. Thursdays is report day. Maybe after 2 bad days tomorrow the ship will come in for a few?????
MOG Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held
