Absolutely. I disagree with Pintohoo, the spec investors market has been awesome this year, so not sure where that analogy came from.
Would it be fair to say that the market is losing patience with the DoD deal dragging out from peoples estimates? This stock was pumped up big time by some early and still we wait for the DoD & Sealy rumour to come to fruition. Wild numbers like $2 $4 $6 $8 might have sucked people in. Right now is stop loss territory and the only thing that can stop is an announcement with some backbone.
In fact, I'd actually say people are taking their money and putting into specs as they are booming at the moment, especially the Tech sector & acquisitions.
I'll keep holding in the SMSF but some not so blue sky/moon comments should also be welcome here, instead of the hype followed by 75 green thumbs. Its starting to remind me of OBJ threads!
AJX Price at posting:
53.5¢ Sentiment: Buy Disclosure: Held
