its happening again. all the buying parcels in the world stacked and quing to buy and the sellers side is light and thin. they will do anything to hide the fact they want out and dump it off market.
how is it that this is a common occurance. just happens time and time again. a pump and dump.
3 weeks ago it was going to 50 cents 2 weeks ago it was going to 2.00 last week it was holding at 1.30's now it's just a punt again
great fundamentals for the co, but world fert prices could crash too and the risk is constantly being re-rated daily.
remembering two weeks ago when the market sentiment improved with a target for a higher market and a couple of quality announcements this was headed higher.
such volatility is expected these days, you either double up or lose half on a monthly basis.
i think investors are gone and punters are in full control. love to know who uses margin loans to play with these kind of stocks these days. remember the good old days. i think you would have to be a mad man gambling addict to wanna do it these days. close all your positions and send the asx dry for a while, force them to bring in some tighter regulation
AEV Price at posting:
88.9¢ Sentiment: None Disclosure: Not Held
