AGM australian governance & ethical index fund

Chinkiat- I too am amazed that the indicators of future...

  1. 2,772 Posts.
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    Chinkiat- I too am amazed that the indicators of future prosperity for AGM are being totally ignored by the “lapdogs� and the crisis invented by Melua is given credibility. How anyone could think Melua knows anything about the share market amazes me given she has published a string money losing recommendations in the past.

    However I see a positive spin on all this. Most of the Lapdogs and presumably Melua herself are or will be out of AGM about now. Within weeks the SP will break through the 80c barrier and continue to rise. Melua will tell the lapdogs wait until it goes back down to 55c before buying in again.

    They will all wait in vain as the SP bursts up through $1.10 and $1.20, with Melua declaring that it will go down due to some crisis on the horizon. Then $1.30 and
    $1.40 followed by $1.50. About this time Melua will post “its reached full value and will drop�.

    Then all hell will break loose. Melua, realising AGM has taken off, will be screaming BUY BUY BUY BUY BUY and the SP will power way above reasonable expectations.

    We will clean up.

    Im not saying Melua herself will influence many of these late buyers, in reality there are only a few dopes that listen too her. But the market is full of Meluas who always buy whatever share has taken off- at the top of the market. And that has got to be good for the long term holders who have had faith in the “beards� for many years now……
 
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