Brace yourselves, page-30

• 
  

xyz25

919 posts.
Date:
09/01/17
Time:
22:16:26
Post #:
21778931
xyz25 said: ↑
"Some people have been waiting for buying dips of A2M on the 13th this Friday when BAL is due to make an announcement which is supposed to be very bad.

However, I think the "bad news" from BAL has been factored in the SP of A2M since the 2nd December last year, when BAL made an opaque update. Remember that the closing SP of A2M was @A$2.46 on 1st December, the day before the BAL update! The SP of A2M would have been staying around A$2.50, or even higher if BAL had not make such an update!

So what would likely to happen to the SP of A2M on the 13th (if BAL does make an announcement on that day)?

If the news is as bad as expected, then the SP of A2M will be likely to rebound, because of "sell the rumour, buy the fact"...

If the news is not as bad as expected, the the SP of A2M will be most likely to be soaring...

Actually as I repeatedly said, whatever the news from BAL is, it has nothing or little to do with A2MC, therefore the SP of A2M should be moving north rather than south..."