redmetal
Re; ..."i dont understand?? why did it go down today??" ...
IMHO because Mr Market gave ABS Eddie a speeding ticket & because he had been a naughty boy he was attacked by the same ferocious bears that got him last time. IMHO it had been pre-ordained that ABS was to end at ~$1.00 for the end of FY08.
IMHO it could have just been too many bears, too much profit taking by traders, too few bulls & too much loss taking for FY08.
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