Signing in from beautiful Port Douglas. When I left this morning 80c had not held. When I logged on this afternoon after my quick nine holes, AGM had moved through 80c on volume and was trading at 82c with solid support at 79 and 80. This is not a definitive bounce yet but I have bought 150,000 at 81c. I will purchase the remaining 150,000 once 85c is broken on the up. If the stock weakens below support at 79c, I will hold off on the remaining purchase and analyze the charts to look for a new support price. It's only fair that I tell you guys when I am buying. I have told you all along from $1.09 to 79c that the stock was heading down on the back of nickel falling. I just hope not too many HC punters got burnt buying at around the $1.00 mark after listening to all the rampers. At 81c, the stock represents a nice initial RE-ENTRY point for a 50% capital allocation. At no time have I bagged AGM. I think it's a fantastic company with a fantastic future. I just had to sell near the peak based on the PON taking a dive which it has. I have managed my capital beautifully and I am pleased.
AGM Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
