APG 0.00% 0.2¢ austpac resources nl

how do we grow the share price, page-7

  1. 1,882 Posts.
    Interesting posts guys, Ive held elk from the IPO and APG for at least a year. The one thing the whole ELK episode has taught me is the market is basically insane.

    Nothing you could say two weeks ago on ELK would have made any difference and then they announce a study they have been doing for 9 months has got a preliminary result that those of us who owned the stock just expected to happen. Its insane because it is now off and running with all the same reasons to value the stock at $2-3 two weeks ago that were ignored now being accepted by the howling masses.

    Same thing will happen to APG and it doesnt matter what you do in the mean time it will be a reason we cant even believe now that will drive the price crazy.

    So do your own research, set your place in the market and sell at your trigger points. I stick to a 1/3 stake out at each trigger point. Plenty of ELK's and APG's out there to hold based on what they will earn in cash flow to choose from.

    Good luck
    Snork
 
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