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i have a hard time reconciling the 'MMX will double if it wins...

  1. pomhat
    1,446 Posts.
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    22/03/10
    14:37
    Post #: 6480745
    i have a hard time reconciling the 'MMX will double if it wins the litigation' argument

    if the market is discounting MMX by 50% because of the law suit, then it is saying it has legs and a fair chance of success

    if the law suit has no legs, then MMX is currently fair priced and will not move after the law suit (except for a short term trader bump on the news)

    CHM Price at posting: 3.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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