MBN 0.00% 8.3¢ mirabela nickel limited

"reasonably legitimate avenues".. yes of course, its in the...

  1. 1,766 Posts.
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    "reasonably legitimate avenues".. yes of course, its in the annals of history- the GFC, derivatives,.. all fair game... some might say the evils of corporates / capitalism... ever seen Wolf of Wall Street? Great Movie

    "tree shaking would be fruitless"- really? Well thats another one of the facts and truths of the markets and brokers working for large interests. It really depends on the "resilience" of yo average Retail or Smaller Holder... can you withstand a fall to 12c or 10c? If you can, good for you then, but can you speak for all others? IF one bought at say 15c and then larger forces "move" the SP down just briefly to clip margin calls or simply make those buyers with paper loss- you don't think they can accumulate more from the sellers? Then quickly move the SP back to higher prices when ready.

    Yes, right there. They are still producing. But no, not interested at these current prices... and 12c is not a dream price either, nor 8c... it only takes one major movement to move it to those levels... question is... will they? We both agreed probably not.

    SP 14c now... lets see.
 
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