It appears that AFG have been deliberately sold down over the last few days. Particularly late this afternoon. There is support at around 46c. They went down to 44c on low volume for a short time around 2pm then back up....The trades at.44c were cross trades
That huge volume at the close at 44c - over a million - will surely scare the pants of a lot of people holding into panic selling and watch the price go back up.....someone's trying to get a whole lot cheap or needs to close out their short position...I wouldn't be shorting this stock when it approaching a significant support line.
correct me if I am wrong
Interestingly, tradingroom.com have listed AFG amongst their stocks to watch on the home page.
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