ACR 4.35% 6.6¢ acrux limited

Well fancy that!

  1. 1,875 Posts.
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    The share price has fallen 63% of the $1.30 rise from $0.75 to $2.10.

    This has just exceeded the Fibonacci 61.8% re-tracement level that would normally be expected.

    Those shorting the stock have a good knowledge of the chances that, basically a single product company with poor management, have in failing to sustain the share price.

    The shorts are laughing all the way while the true believers are seeing their money going down the gurgler.

    Despite numerous warnings many ACR investors or punters still believe in fairy tales.
 
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