MWR 4.40% 9.5¢ mgm wireless limited

Up nearly 20%. Do we say the market has spoken, or is it too...

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  1. 7,244 Posts.
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    Up nearly 20%. Do we say the market has spoken, or is it too early to say that? Nothing has actually changed for anyone that knew anything about the company and yet it's up 20%. If it continues much higher over the next few months as I expect it will, then this talk of "the market has spoken", just goes to show the market is often just plain dumb. In reality it's not about the market has spoken. It's about momentum traders.
 
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Currently unlisted public company.

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