I still think around 18-22c is about right for this one atm. Too many hurdles to get over at this very early stage. Especially if theres 20-30% dilution with the oppies. Having cash doesnt always keep a share price up either i can assure you. Most of mine have cash and are suffering with the market collapse. QE3 looks a good chance with every passing trading day IMHO. Some are saying a big drop is the only way we will see QE3. I expect the Dow to end the mth between 11250 and 11400. Still might not give us QE3. If we do then this will run with the rest of the market. Now if we dont get it i expect to see ARD at around 15-17c. If we get it then 30c easy.This scenario goes for most of my shares not just ARD so i'm not trying to get people to sell to get in. I'm all spent up and hoping all doesnt tank like everyone else does. IMO dont be surprised if you wake up in 2 and a half weeks and see the DOW at 10,000 something. Lets hope they announce QE3 soon or we will all get smashed in the short term.
All my opinion and I dont normally get nervous but i'm really nervous right now.
Scorp
ARD Price at posting:
25.0¢ Sentiment: None Disclosure: Not Held
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