Megaworld (MEG) Analysis: Wait Below 2.50 or Buy More Before It Hits 2.90?

The BIR Media Advisory, on the alleged Issuance of Closure Order Against Megaworld Corporation scheduled on May 18, 2022, stirred the stock’s intraday low and high on May 17, 2022. Since this remains a developing story, is it more prudent to wait below P2.50 or buy more before it hits P2.90 per share? Read this analysis on Megaworld to have a data-driven basis for your decision.