Double Bottom on MPEL

Discussion in 'Stocks' started by michaelscott, May 23, 2007.

  1. Its not perfect, but its within 3%. It should get back to 19 within a month or so if the plan goes the way I think it will. If it gets past 19, then 25 is in the cards.
  2. I thought about buying as well. There will be better days ahead for mpel. I feel for the bagholders at the ipo price that have to wait it out. I probably would have cracked and took a loss as I have done in the past when I should have just stuck it out. Case in point would be LEND today and FMT. I took heavy losses on both cause I got scared and look what happens the last couple of days. Makes me crazy!
  3. This stock is fundamentally broken, and its list of problems reads like a soap opera, including family infighting.