Incredible that when the share price is heading up AGO is the most wonderful company in the World and everyone is happy.
Also incredible is that when the share price is getting battered talk of conspiracy theories, irresponsible ignorant hedge fund managers and shady trading practices is noted as the reason and almost everyone is upset and annoyed with only a few people suggesting this as a buying opportunity.
I have no idea if this is a buying opportunity or not although I do know that were I interested in buying more shares in AGO I'd rather be doing so at today's price than when they were at $4. I cannot understand these people who after carefully evaluating a company and considering its possible future get scared and worried out of buying at exactly the time they should be most interested.
This is like going into Woolworths and then complaining to the manager that the tomatoes you wanted to buy and enjoy so much are currently being discounted!
AGO Price at posting:
$3.35 Sentiment: Buy Disclosure: Held