Tuesday, August 8, 2017

MM2 - Lapsed Deal in GV










MM2 Asia deal with GV had been lapsed and the news is out. Today the share price just continued to spiral downwards and I am definitely putting this stock in my watchlist for the next turning point. The sell down in price could be an alibi to accumulate lower for the BBs and the bad news could be a good time to buy lower at the right timing. My short term bottom price maybe about 0.40 to 0.42. At that price, I will start to see if the buying starts.

http://www.businesstimes.com.sg/companies-markets/hot-stock-mm2-asias-shares-down-on-lapsed-deal-to-acquire-half-stake-in-golden

Ronald K - Market Psychologist - A Stock Market Opportunist