General Discussion AGY, page-9983

You can't blame people for panic selling yesterday. The progress report indicated that we are taking slightly longer to finish commissioning the plant than the most optimistic estimates, and it might be an extra month or so before we're at steady state production. This might even delay us enough to be back on the originally promised schedule of early next year, and that's about two months away. If we have to wait 2 or even 3 months before the price hits 70-80c, it obviously makes sense to freak out and sell below 50c now - no one has that much time to wait for a mere 40-60% return. 1-2 months, sure, that's fine, but 2-3 months? Who is that patient? Better to wait until we're at $1 before buying back in.

Well, done, panic sellers! You get to have your cash in your pocket while waiting for the price to increase.