AGO 0.00% 4.5¢ atlas iron limited

This is an excellent company make no mistake. It depends on your...

  1. 19,172 Posts.
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    This is an excellent company make no mistake.
    It depends on your investing style as to whether it has appeal at the moment.

    A long term investor will probably be accumulating at the moment but a trader will be taking profits and/or shorting after such a strong run.

    It looks to me as if some leak was speculated on and unless this materialises in the next couple of days, AGO may well see a pull back. Particularly too with the Yanky dollar gaining some support and it is for this reason that I am choosing to sit on the sidelines at the moment.


    PS: No accusations of downramping please. These are just my thoughts on a stock that I follow and like. Thanks.
 
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Currently unlisted public company.

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