Domum
Good for them but we should also note that they are down 41% YTD whereas AGY is down 3.85% YTD.
I'm encouraged that you are tracking the ETF and the amazing rally happening at present but a fat lot of good it has done AGY.
The above average selling yesterday was the result of shares bought earlier in anticipation of the Presidents meeting with management. It would be naive to think that by the time mainstream got that news others didn't know of it sooner.
However the anticipated announcement didn't have the effect they were expecting so they had no option but to bail.
IMO there is a problem with the trading in AGY shares and management could address this with a share consolidation of say 1 for 5-8 which would make it harder to accumulate enough shares to push the price around.
Sure I am disappointed as my analysis done on the basis of a level playing field, silly me.
IMO DYOR
General Comments & Banter, page-7730
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