stronggg selll24 Sep 2019 20:50
Well there is no joy to gloat about other people's losses, I have also may dogs in my portfolio- can blame only myself for this!!!
you take a big risk hoping for a quick return - sometimes this strategy works - gamble only what you can afford to loose!!!
At the moment just watching it, not ready to buy in, cheap can become super cheap, trend is downnnn, don't want to catch a falling knife....
Take over might happen, but when business is in trouble and MTRO is in trouble, shorters, hedge funds and big money people will drive the price at the lowest level in the hope to snatch this very cheap and then maybe will offer a 30-50% premium. So you could look at 100p-120p bottom and then a offer for 175-200p to take it private.
Shorters are still here, still not cheap enough, also a "no deal Brexit" could destroy this!!!
Rampers, dreamers, idiots only can dream about 500p take over when current price is 175p
Of course, WE CAN ONLY SPECULATE, this can de-list from main market, or can go bankrupt, split , take over by a bigger bank for peanuts or private investors with deep pockets who are behind these shorting attack or working with the shorters to get this really cheap , ....so many options...
In the end is just a big gamble, take risks that you can afford, don't start to blame anyone but yourself if you bought in, this can share same fate as DEB, TCG...
If price will get below 150p i will take a small gamble, RSI is approaching the oversold territory .