It always stuns me when I witness the pathetic knee-jerk overeaction of the australian market to perceived "bad" announcements.
Look at the reaction to RSG being oversold the way it did. C'mon! I bought up big on that one & recommended it to every friend & his dog as a buy buy buy! I'm up nearly $25k on that one. Thanks Australia!
And I'll do the same with AGS! Everyone whinging about the 11cents raising!! C'mon, a week & a 1/2 ago it was trading at 12-14 cents. 11 cents was more than fair. Stop whinging and go buy some so you too can get some of the action.
Pathetic, just pathetic!
AGS Price at posting:
0.0¢ Sentiment: None Disclosure: Held