Seeing Roach pump this morning was always going to result in a shit announcement like this. The fact it was heavily dumped this morning means somebody is leaking information.
I’ll continue to hold on to my parcel, but will never buy another cent of any stock where AP is involved. I do not appreciate a pre-text to friends of those in the know to completely dump the stock as soon as market opens, allowing them to get out before any retailers have any knowledge. An announcement two hours after open when it’s bad news is deplorable.
Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-25
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