"HT, there's a lot we all thought we'd worked out on AJX. Trouble is, the market doesn't agree which is reflected in the SP."
Not necessarily true ---------------- the market may well agree.
If the current SP and what has been going on for months is actually manipulation with an agenda to accumulate - then, the market as such - basically wants a position -------- it' just that the SP makes it appear to be the opposite -- which, is exactly what a smear and downramp HSS/bot campaign is exactly and precisely designed to do.
A SP is a very very unreliable indicator of much at all ------------- just like the price of anything -
finding something that appears to be way overpriced or way underpriced -tells you nothing about the quality or value of something - nothing.
Availability certainly does.
Try and buy a million AJX - see how you go.
I remember having a couple of 1946 shillings - one in mint and the other not much less.
I went into the first dealer and I said - what would they be worth - he told me some dismal figure - so did the next one - and the next one. Can't remember the figures - but, they were crap - under 50 bucks in most cases.
What I noticed along the way was that they never had any in stock. None of them.
I ended up at an auction house - who took them and said they might get ' a few hundered ish.'
Well - I can't remember exactly - but, I think the mint one went for either 575 or 750 - something like that - and the other one went for a couple of hundred.
The point is -------- you can't tell a thing from price a lot of the time - but, you can from what is available and you can if you try and buy something.
hope this helps
Pinto
AJX Price at posting:
69.0¢ Sentiment: Buy Disclosure: Held
