AGY 8.14% 9.3¢ argosy minerals limited

General Discussion AGY, page-17211

  1. 3,908 Posts.
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    I've got to hand it to you and @ogloko. You both were pretty confident that we'd see the teens, and now we're only 10% shy of getting there. I'm obviously wary of the red flags, but I never thought it would go this low, this quick. Things were nasty in the US overnight (see below) so we've got a poor lead into Monday now as well. I tend to think we'll see 20-21 cents next week, and if the spot price keeps dropping and JZ maintains radio silence, I suspect we'll be into the 18-19 cent range by the following week.

    It seems that many here are at the capitulation stage, and there's not much buyer interest to provide support. On the bright side, lots more buying opportunities for those brave (or stupid) enough. Tread carefully.

    https://hotcopper.com.au/data/attachments/5571/5571883-d820d85c56dbbdb8b0edd29af4c0ed47.jpg



 
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