AGY 41.2% 4.8¢ argosy minerals limited

I think it’s just the pro traders with the tax deadline looming...

  1. 2,722 Posts.
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    I think it’s just the pro traders with the tax deadline looming that are bailing out under pressure. They’re most likely the guys who play the technical game and take the chart as an indicator to react without understanding the business drivers, milestones, mission, etc.

    AGY success is based on fundamentals so imo the chart is simply a reflection of the market manipulator playing with the traders and spooking the odd newbies, nervous Nellie or those overcommitted.

    AGY fundamentals haven’t change in months, they’ve only got better imo.
 
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