fmg merger protection from predator , page-5

  1. 19,937 Posts.
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    It appears a one or more longer term holders are selling out altogether.

    Another broker today (via The Bull) has a sell reccomendation on Atlas.

    Depends on the Greece situation, if pro Eurozone/Austerity win the next election then that will fuel the final leg up into Q1 next year (imo). At this stage I am betting that Greeks will vote differently the second time round (vote for conservatives rather than the leftists that created this mini market panic).

    If this is the case I am looking for a retrace move back towards $2.60/$2.70 (over the next 2 to 3 months), I may reduce my holdings at that level.

    The Euro problem is not going away, the further it is pushed down the road, the bigger the mess will be when it finally falls apart.

 
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