@akgo01 I kinda agree, I've sold out yesterday and today. I might miss out on some more upside but I feel as though the US market multiples are becoming once again overstretched and that AKE will probably get dragged down on any correction, on a FA basis AKE is cheap and is mainly held by insto's, but a decent whack of that insto investment is hot money, on a TA basis I think we've likely read the same books. I'll look to start buying when my matrix of rules, vibes, macro FA and TA tells me. Once again I believe AKE is cheap, by my discount cash method of valuation I've got a $18.20 target. Also as an aside check out the last week of MQG announcements and volumes, nothing directly involving AKE but is overall reflective of my macro thoughts, its a decent market for the nimble you might miss out on something juicy on the upside here and there but capital protection is paramount. Good luck to all hey.
AKE Price at posting:
$11.88 Sentiment: None Disclosure: Not Held
