Just had a look on Reuters, they give MEQ a risk grade of 85 ie. no risk at all.A no risk share at a silly price!!, come on now.
Dexter

Treacle, Are you trying to hide this graph in the dark?

The 200 day moving average is more visible.

'Found support on the 200 day moving average'

LoL, what a load of cobblers.

It's also made a succession of lower lows. TA is meaningless with such a micro stock with poor liquidity. What's the usual spread of this one, 100%.

3 buys today albeit small after a fair few days. Wouldn't expect the MMs to keep higher buy limits at these prices with the buyers prepared to pay upto 0.55p not so recently ago and before news comes.

Seems not to have found support on the 200MA, what next?

0.15-0.22p, 2 v 1. Finally some blue.

Started rising again finally today on the 200 day moving average, may see further gains this week. Should also see imo price start increasing on less buying with most of the buyers from upto the 0.55p levels in mid-May holding firm. Finals have to be out at the end of month so v.likely news on equity investment which will be good news irrespective of the price as the company has been searching an investment for years. Next step imo would be acquisition or reverse takeover, and new board members.

Sp last week SP found support on the 200MA, today is it's on the 200MA having dipped below, isn't that resistance??

ALl meaningless with this stock anyway, spread alone will move the SP.

pth
nice of you to protect all newbys from treacle, i\ve done my bit in the past. lets all take it up and take it in turns, youve done yours. i now simply ignore but someone has to take up your batton. and then pass it on.
regards
jkd

Hi jkd

The guy is a leach. The few he gets right, he piggy backs onto micro stock specialists such as Duss on ADVFN (who is prepared to wait years for a return). Hope you are well and trading successfully.

Got a few more this morning.

Nice 500,000 buy at 0.20p, largest buy for weeks.

Up 21.62% on 1.25m in buys????

Up 40% now, anything can happen with cash shells. if a big gun comes on board then the sp flies.

Only another 10% to go and buyers at .20p will be at break even (with a 50% spread). Of course a good 'ol pump and dump on multiple BBs always helps.

IT DID IT 0.3p TO BUY NOW 0.24p to sell.

2.10m in buys and looks poised for futher gains this week now imo.

NOT IN MINE. As sp rises so does the spread making this untradeable and locking peeps in. Strong AVOID IMHO.

What if these go back over 0.50p? Already missed 0.20p because of spread and now do we miss 0.30p to buy because of the spread too.

We broke the 50 day MA too today...we know what happened the last time the price broke the 50 day MA:-



And the 200 day MA:-