Prior to the inlusion in the ASX 200 there was a lot of buying. This same mob is shorting the stock. The company dividend is only due in 11 months. The company sales has got nothing to do with borrowings in Europe and the collapses of those econmomies.
Just let the shorts play out and eventually it will recover. The company is earning money in profits no debt and paying dividends. IF you are going to keep stocks these are the ones to keep for the long term.
But long term is not 3 minutes. Keep it a good 12-24 months and the returns should show.
ACR Price at posting:
$2.90 Sentiment: LT Buy Disclosure: Held
