Combination of profit takers (always good to de-risk right can't be too greedy) and Day Traders, ASN is huge news on the radars for good trading, and we've seen that with a high of 28 going to 24 - a few ppl are happy to make a few pips prior to results, always the case.
The other trend is also sell on the news e.g Drill to Labs delay - where else can I put my money and make a quick buck?
as a Long Term Holder - Why care right? If we believe this will hit 30-40-50 or even dare I say 60C come March/April - won't even matter.
Let them make their 500-1000$ before we rocket to the moon. How many traders who traded AGY between 22-25 last 2 months wish they held on now? I know I've learnt my lesson!
Holding tight!
DYOR
NN
Combination of profit takers (always good to de-risk right can't...
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