quality stock?, page-11

Well rudders, My take on the situation, based of what I've heard around the place is that investors have pulled out of the market, for whatever reasons they were, maybe it's tax time, maybe they did it because others did it, who knows. I did notice that the information technology sector was relatively untouched and that the gold sectors didn't drop nearly as much as the market did, while our telecom stocks all took a 15-25% hit. I put this down to the fact that ore large investers were invested in the telecom sector as opposed to these other sectors which was "artificially inflating" the prices beyond where they should have been, hence a rather large correction was observed. In AMM's case I also noticed quite a few large sell off prior to the market slam and while my other telecom shares survived the correction, AMM was travelling down on high volume and broke through several support lines and hence started a medium term down trend. Whether or not my theories are correct does not matter. But as of now, be wary of this stock. I have found safer investments.