M1 declared a 6.2 cents dividend last evening and it's no wonder the stock rose on Monday.
https://www.theedgesingapore.com/m1-posts-25-drop-4q-earnings-31-mil
Although the earnings was not exceptionally fantastic, the loss incurred is not drastic and the dividend declared is a good sign for the stock for higher price to come. Yesterday there was a flush in the stock where the sellers drove the price down to a low of 1.83 before it recovered back to 1.87 which is a sign of bullishness. M1 could be a potential swing for mid term trade.
Ronald K - Market Psychologist - A Stock Market Opportunist
