Smart buyers will accumulate close to bottom - on way down or up. Doesn't matter.
As always - Who wins? Who loses?
Institutions standing off waiting for the opportunity to accumulate as low as she goes.
In the past one would have moved in! - Sold many thousands to wreck price havoc. Then moved in to accumulate ten times as many as panic sellers and concerned mums and dads unload.
Would be interested to see price comparisons with TSX. Then again am not sure whether Canadians take their cue from ASX. Or whether ASX may start following TSX.
Whatever. They will stay close together in price whoever leads.
Time for a "Rip Van Winkle"!
Wake me up when the clouds disperse and sunny days return.
Could be May.
Will be by the end of July.
Cheers,
NT
AVM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
