Suffice to say that he had MRU as a newly recommended buy in exchange for one of his others. In other words - sell the other one and buy MRU. The other one was a US stock.
But looking at the chart, I'd really like to see it pull back into the Bollinger Bands, and then bounce off a level about $2 or just a bit higher, and see the volume pick up.
It may be a good stock, but I don't like buying into stocks that I can't get out of in a hurry if I need to, especially in these times. And I generally buy decent size parcels, so volume and liquidity are important.
I'm a-watching and a-waiting patiently :) If I miss out, then I miss out. Plenty more propositions out there....
MRU Price at posting:
$2.74 Sentiment: None Disclosure: Not Held
