Hi Guys.
What a disspointing news.. I had gone all in at 31 cents as i believed in the company and still do. Unfortunately or fortunately i am still holding on shares.
I might be wrong but AVZ and agy shares same sort of portfolio and AVZ cracked a deal with a china conpany and is still sitting on .135.
I dont want this to happen but have a fear that it might drop to 15 cents. but on ither hand i feel the management did not released this news till the CR is done at 22c so the share price doesn't drop. Now since its been executed the news has been released as AGY share price overtook wat ahead then AVz due to this news. I cant say i feel that management did this to fav themselves but this senerio is still in my mind that its possible.
I am sure in future management will have great deals and shit happens but sp will be punished for short term and we as share holders should except that. I wish they had a positive news too as it would have over come this bad news.
Lets see what happens tomorow and hoping that it goes up.. i have a feeling while i rite this it might drop to 19 c and close at 22cents.. i will be happy with that.. wouldnt complain if it opens in green.. ☺
AGY Price at posting:
25.5¢ Sentiment: Hold Disclosure: Held
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