When there is a bull market the day-traders have their grubby little hands over just about everything that has a heartbeat. More money flowing in but spread over a bigger playing field.
ATM the bears are on top but a day-trader (although there maybe less around atm) wants to do a trade.
So if something starts to move, in a bear period, the moves can be even bigger because all the attention gets funnelled towards a vastly reduced playing field.
Yes uranium is not the flavour of the month atm but how many times do you see sector sentiment change in an instant. It's comical. You see it played out here all the time on HotCopper.
Graphite, copper, bio.. what's next?
Supply deficit just about to kick in with uranium oxide globally. Uranium has a good chance to be the commodity of choice for the astute investor from this point on.
What would happen to AGS if just one of these subscription stock promoter newsletters did a little story on Four Mile? The mums and dads would go gaga for AGS.
The interesting thing about AGS is there are alot of shareholders that know the potential here. They have had time to buy and buy and buy. A few will come and go but they prob weren't holding a large amount in the first place. The larger holders tend to top up. The free float could be very small. It is potentially getting smaller as every week goes by.
No announcements from AGS and there a very few sellers. A stack of potential announcements waiting to be unleashed on the ASX that will spark a hell of alot of interest from the punters.
At any point from now AGS could put out an announcement that is backed by a jorced competent person disclaimer that makes every other explorer/miner wannabe look like some hack two bit clownified poofy joke.
AGS fundamentals... check!
AGS technicals... check!
I hope you all catch the boat here. Just trying to help. :)
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