AGY 0.00% 12.5¢ argosy minerals limited

Dont know why people are surprised. There are multiple instos...

  1. 12,454 Posts.
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    Dont know why people are surprised. There are multiple instos that are taking a position in AGY prior to lift-off. They do this by buying in the morning, then selling off to drop the price in the afternoon. They will do this for days, weeks now, and at the end of each day they have a net gain/increase in their holding, without spooking the price upwards.

    So understand this, much of the short selling is not about making a profit & expecting the price to fall, it is about holding the price back while they accumulate.

    It requires patience if you are a holder, but it has been brilliant for someone like me who has also been accumulating a large holding, as I have had to wait for funds from other sources, and other sales.

    When they have had their fill and release the brakes, AGY will move up faster than most can imagine.
    Last edited by Tibbs: 28/01/23
 
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