The buy-sell ratio is telling. Last two false alarms sells have still outnumbered sells by 1.5:1 or worse. Maybe this will be a real breakout though I'll wait to be convinced.
It will take a lot to pass the options conversion price though an 80% increase in five months is not too unbelievable if DAP prices continue to rise and "phosphate fever" returns. Ideally would like heads to hit a dollar by about end January so options will be about 30c to make a real killing. I would think any premium on the options will be gone by about end Feb given the high price of conversion.
60c would be nice in before new year - might see options up to around 10-12c and I'd think about lightening my load a bit.
AEV Price at posting:
44.5¢ Sentiment: Buy Disclosure: Held
