Having sold at average of 2.45c means I can get 8.8m units at 2.2c. As you can see that I am reinvesting my winnings.
One thing I find with stocks is that its the 2-3 days after the news announcement. First thing that goes down is trading volume, then it seems to drift.
2.2c is the support level at the moment. This should hold for a few days in my views.
I am still looking at 2c or sub 2c (which may not come back to this). The 100 days comment kinda put me off coming back in too soon. I admit that AKK could come out with news of Texas Birch verticals flow rates in between that may send AKK higher. At this stage I am still looking to come back after 50-60 days. May begin to buy back little amounts earlier.
I am a trader but do research fundamentals. Like the last post from Mr Deeds was referring to; Sentiment, Timing and Fundamentals. You need all 3 to allign to make money.
In the end the share market is a movement of numbers. If number goes up its good for my wallet but if it moves down then its crap.
AKK Price at posting:
2.3¢ Sentiment: None Disclosure: Not Held