Hi Hummms,
Thanks for the info.
In a sense it may be good. The global stock market melt down is not a result of buyers entering the markets but people fearing companies will go down the drain and panic selling. From history, we all know that the stock markets will not disappear and they always bounce back after money has changed hands from the greedy and the foolish to the strong and smart. There is a lot of portfolio sell off at the moment and for the 'recent blow-in' punters, they may never have the intention of supporting APG anyway. Let them blow away now and when APG recovers, we have less overhead resistance. That is why after a free fall, share prices bounce back very strongly and quickly as all the sellers are gone.
Another good thing is that the faithful now have a good chance to top up at prices they wouldn't dream of just a month ago.
I am hurting just like everyone else but I am topping up just like when the price was 2c.
- Forums
- ASX - By Stock
- APG
- change in register
change in register, page-6
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
MTL
Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus