I'd say he's in it for the dollars rather than the cents, but I am happy to be corrected.
What is happening now has no bearing on the 2014 or beyond SP, buying some when they are affordable and on a long term uptrend is more important than picking the very bottom to get on board. Today was an over-reaction, pushed along by those who push I might add, a strong finish confirmed that. Just the same as the hype around the merger was an over-reaction, the subsequent falls confirmed that...
See my chart and you will see how far the merger period bubbled and frothed on spun candy talk, it's coming back to it's senses now, could hiccup though as more worldly events dictate. A good week then another flush is what I am expecting, then forwards or sideways or both, it doesn't matter, 2014 is where it will get to anyway..
its only fish after all, sometimes the tide is in, sometimes its out, how or where he fishes is his own business but thanks for sharing, each to their own.
AGO Price at posting:
$3.18 Sentiment: Hold Disclosure: Held