Too right guys.
I hold AED for the long term.
When i saw it at $1.83 the other day I doubled my holders and now average around $1.85 in total.
The thing is though....UBS is just some firm. Sure they have real short term influence but we all know they are a big slow truck on too in touch with reality and a slow reactor to the market.
We are the market.
We decide the price.
For me..and for tomorrow...if its positive...my only hope is that the market is slow to uptake a positive announcement or misinterpret it as I wish I quadruple my AED holdings.
If you have recently about the recent attack on aussie stocks.....it was mentioned on Foxtel that AED was obviously one cashed in on based on some contractor payment dispute.
AED is 70 % down based on hedge funds down ramping and shorting it.
I thank them as I averaged low.
Many market factors since the sub prime has factored in unnecessarily on solid stocks.
Thanks to them though. we can buy in low.
What a great market when you have $$$$ and can buy on overselling hold for a couple of weeks or months.
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