Midas continues it's break down with more high volume, high amount of sellers where the stock was indeed lacked of quality buyers as posted in my morning blog post.
http://stockmarketmindgames.blogspot.sg/2017/12/midas-massive-selling.html
I remembered holding a talk last month where one of the participants asked me about the potential for this stock and my answer was a straight no go as it's a risky to to hold and invest.
http://stockmarketmindgames.blogspot.sg/2017/11/market-outlook-stock-picks-for-year.html
This stock is currently in high liquidation mode and I don't know where the bottom is or when is it going to turn around. The moment will come but I stock to my game plan and that's to stay out of this counter. In like 10 minutes, the stock from 0.114 dropped again till it hit the low of 0.110. I still see no buyers.
Ronald K - Market Psychologist - A Stock Market Opportunist
