DSD yesterday: "MTU has now fallen over $3 in 3.5months. Clearly...

DSD yesterday: "MTU has now fallen over $3 in 3.5months. Clearly it was overpriced but a fall of over 25% is substantial and its a now a strong hold at $8.32. I'd be surprised if it goes below $8.oo."

"STRONG HOLD" indeed!! MTU up over 10% as i write. What day for holders. The relief must be massive. Other telcos not bouncing as much which indicates MTU was oversold. Will it go back to $11.20 of 5 weeks ago? IMO it won't but SP should sit in 8.30-9.40 range until dust settles. But that's just one person's forecast. Read widely and make yr own mind up. Suspect a massive short squeeze was biggish part of the surge this morning. Quite something to see. I bet those shorters were squealing when they all tried to exit at once! Esp pleased for S1mon.