I have noticed the volume on the buy side has been terrible in the past month. It seems as though, finally it is coming better again.
I know the whole market is doing fairly average ATM, but it seems as though AGI isn't really moving. When it got to $1.99 last month, I thought to myself 'this is it, finally it will be in the $2 range... but not to be.
I still fill that it is just a matter of time until it climbs over that $2 barrier, and Len obviously still has a lot of faith with the company. The second part of the FY will be a telling factor for AGI as it will once again demonstrate the profits continue to come.
Other financial analysts continue to rate AGI highly, value the stock to be well into the $2.50 mark.
IMO I feel once it hits the $2 range, it should start steadily increasing from there. I am considering to buy another load at the current SP as I feel it may not be in the $1.80 for much longer... but at the same time, who knows with this rather volatile market!
What are your thoughts on the previous lack of volume? Also where do you see AGI going in the next 6 or so months?
Would love to here others current thoughts ATM!
Cheers!
AGI Price at posting:
$1.86 Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)