ADY 0.00% 0.9¢ admiralty resources nl.

DaRooster, Forum's such as hotcopper have been trying to account...

  1. 988 Posts.
    DaRooster,

    Forum's such as hotcopper have been trying to account for the recent share price, which in my view is ridiculous (share price), given research that I have done over the past 12 months.

    I am trying dispell the conspiracy that all intraday dumps is a Margin Call, or a major holder tryng to exit. As "KORO" put it, the Top 20 is set in cement, lol.

    ADY has become a playground for traders, given intraday 1 - 2c swings. As a long termer, I would to see the share price move on from this.


    I bought into ADY in Dec 06, based on fundementals, additionally I too have been buying, I bought a small parcel on close yesterday. ADY is by far my largest holding ever, and as far as fundementals are concerned, over time it has only got better.

    For this reason, I try to look at the whole picture, rather than be distracted with the emotions associated with the company fundementals. I am very relaxed with my investment, however maybe "someone" knows something that I don't.

    I too agree that the current share price is the result of market forces, that on it's own, does not concern me. Recovery on this occassion has been slower then previously.

    Cheers,

    Ed

    PS : By coincendence we share the same IP prefix, am thinking you are close by.
 
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