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MATRIX METALS LIMITED (ASX:MRX) - hartley buy rec 19c to 27c. now 9.9c., page-4 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
MRX
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0.00% 0.7¢ matrix metals limited

hartley buy rec 19c to 27c. now 9.9c., page-4

  1. 0paline
    5,311 Posts.
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    28/02/08
    11:19
    Post #: 3406215
    gann45,

    My interpretation of the 2M shares traded in the first hour is that the market loves it, especially the price!

    I think we have a situation where buyers subscribed for the new issue in the expectation of a quick profit. Now we see the price being held down by these stale bulls. Buyers in the market today will be laughing at the expense of these impatient sellers.
    MRX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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