RevelsCat...
Agree with you here and the others, about the apparent organised ramping on this thread.
You can tell its going on, not only because of the continuous "empty" suggestions for higher prices and suggested need to "buy now or miss out" (a classic ramp ploy)...all without the slightest reinforcement from facts...but also by the way the "group" pretty much ignores many of the other posters.
It may be an unfortunate circumstance that these people are simply amateur enthusiasts who just happened to have targeted APG, or it may well be an indication of "boiler room" tactics at play...neither of which by the way may be directly related the company itself?
Such activity does however tend to scare off genuine interest for the stock, with many potential buyers looking on and deciding..."nup, looks like a scam to me."
But who knows, perhaps we are seeing reverse psychology at play?
I must admit, I have been noticing an increasing prevalence of this sort of inverse activity of late, such as large props placed in the bid lines, which years gone by would have lead to a rush to buy, instead extracting a rush of selling into them...lol...after which the price promptly rises after the "players" have got their fill.
Perhaps the goal posts are being shifted as the market wises-up to the typical pump and dump tactics...and that now, genuine accumulators are using typical pump-it tactics to actually accumulate rather than sell.
lol...it really is happening folks...just as we thought we were getting on top of all the "games"
Anyway...whatever the motivation for the group ramping effort here, it does not seem to be for genuine interest in the long-term viability of the stock, where one might see like minded discussion with substance from "investors"?
Sadly it seems here we are seeing nothing more than salesmen, selling as hard as they can.
Strangely enough, it is in spite of this backdrop I actually like APG's prospects, both short and long term and see the potential for significant value upside on the back of success in several areas of the business, which individually be company makers.
In particular the current BHP involvement offers the most obvious near-term upside, in relation to which the company appears to be trying to tell us something, that things are going well..."very well" in fact according to the apparently specific choice of words from management.
An untainted view here could only assume good news regarding this side of the business, further boosted perhaps by BHP's apparent renewed interest for progressing South Africa?
Anyway, fundamentals aside, the technical’s are screaming upside continuation, in spite of their apparent verticality, which I am sure is keeping the more conservative types sitting on their hands until either news is forthcoming, or the chart indicators finally catch up with the recent volatility.
Cheers!
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