The problem with investing in this company is it's very clear a small number have access to information the rest of us don't.
There's nothing in the public domain to inspire much confidence with this deal in Burundi. There are however a few people who have accurately forecast events before they happen and are clearly privy to insider info. There also appear to be a few who are using the knowledge that they have against those that don't by causing runs on the stock, taking advantage of general populations uncertainty.
I've never seen such a schizophrenic share.
Until more information is shared with the market as is LEGALLY REQUIRED by the company directors, this stock will be as volatile as it has recently been.
My take on recent happens is this: The deal is on but is going to take longer than expected, large shareholders in the know that bought up big before or on the run up decided to offload and take a profit, at the same time see how far they could drive the share down to buy back up again. This will probably be tried again a few times (as we are seeing) until we all know what the he.ll is going on.
AGY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
