Have a look at the volumes during the past 4 days. We have seen over 70 million shares traded. That tells the tale.
He have not witnessed this type of volume since it back door listed into ALC.
NO question in my mind that some big investors are getting themselves set. No doubt there are some day trades buying and selling but there will be plenty who are setting themselves for a big run over the coming 12 months.
ALC will never reach it's full potential because I believe it will be taken over way before that. But those who are filling their boots today will be well rewarded if they have patience.
I have spoken about this patience thing for quite some time. It has taken longer then I would have liked but I always believed the wait would be worthwhile.
The announcements recently have only reinforced my belief that good times are a head for this company and it's shareholders .
Good luck to those shareholders who resist the temptation to sell and go along for the journey. The big winners will be those that sit tight in my opinion.
ALC Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
