very positive quarterly, page-32

A company that doesn't have a long track record of earnings doesn't really have fundamentals to speak of. Metals prices are highly volatile as are views on the global economy atm. ADY has perhaps the commodities with the strongest fundamentals but they will still be viewed through the lens of sentiment. Worse for ADY is that it is so loosely held. I sold mine and bought them back more cheaply. Its easy to do - it takes a lot of momentum to move them upwards through all the short term traders who will turn them around a cent or two of profit.

I do like them for the longer term though - fundamentally and all. They just need some larger longer term investors to snap the weak hands off at the wrist and hoover up the flotsam.