never traded this share but been watching it very closely to identify a pattern. TA says buy but this share is rather interesting as it seems to chage directioon rather suddenly. next level up is around 370 to 375...OMO
why is the detailed forecast downgraded to sell but rocketing rather. Do you think tomorrow is another rocket day, maybe 4 bucks perhaps. i did not trade this share with a stop loss and friday i was in serious trouble, i thought that i had bust the holiday planned for the near festive season and kept quite did not inform wife and kids and thought during the weekend of how to spill the beans to them. in just a matter of a day, fri to mon, i am breahing again, just a couple of bucks short of my money now, should i exit tomorrow or wait for 4 bucks..........................the emotions of trading, phew tell me about it, are there any stress relieving courses that ost offers----------------------phew----------------
I posted some time ago that loss making shares attract speculators, and speculators need some kind of event to perk their interest. in MTX's case, it was the sale of their Vergenoeg mine. But I really don't think that the speculators are reading the fine print here. Vergenoeg is the only crown jewels left here - now MTX has to get their copper projects up and running, or they will die. And I don't think they have the funds - they have made repeated noises in htis regard. This share is going to come crashing down again, I am so sure of it, that I have added it to my short list - it needs confirmation of course!!