AGO
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0.00% 4.5¢ atlas iron limited

houston.....we have a problem, page-9

  1. gonegassed
    13,783 Posts.
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    02/12/14
    12:33
    Post #: 14392417
    AGO has not done anything wrong .. this is the Shorters ..panicking the markets ..with doom gloom ..saying $50 is coming crap.. LOL !!

    if IO price bottoms out here .over 70.00.. . then Shorting will END ..

    with profit margins stabilized ($10 to $20) and confidence in IO price recovered ..
    AGO sp will reflect a better more realistic p/e ..of say 5 to 10 over the coming years.
    Last edited by gonegassed: 02/12/14
    AGO Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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