blue sky promises..., page-8

Meerkat,

"looking at recent sp performance it seems to me that ADO is currently winging it".

Perhaps you should look at the average daily or weekly volume traded for ADO over the past 6 months or so.

IMO, when you wing it, you manage to fool a few and the share price appreciates on relatively low volume. The direction of the shareprice also becomes erratic.

The average daily volume of ADO is on the up and up, infact, it's through the roof.

An increase in price, supported by a solid increase in trading volumes, along with the stock keeping inside the main parameters, (i.e. not blowing out on the technicals) does not IMO give an credence to a stock "winging it".

Back when the stock was sub 10c and on some days, the volume traded was less than the number of shares I own, I was nervous.

Now, not nervous at all.