re: Ann: AMX COMMENCES PRE-FEASIBILITY AT KON...
Something stinks here and someone wants your amx shares boys . Bot has been carving through the low volumes and triggered a waterfall of stop losses today . Just what they've been waiting for . And they will try again tomorrow also .
Why on earth would you be selling into a fall like this ? Maybe if major shareholders were bailing I could justify this exodus ...but that's not the case (not yet at least)
, a breach of 1.95 was always going to trigger stops down to at least 1.80. And as I posted , shouldn't stay here for long . Only take one panic merchant to create an avalanche.
Take over theory posted above has merit , but hard to say. Wouldn't be the first time .
I ain't selling any ! Will be breaking a term deposit to buy more very soon . If I could have the $$ tomorrow , I would be a buyer .
AMX Price at posting:
$1.82 Sentiment: Buy Disclosure: Held
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