APG 0.00% 0.2¢ austpac resources nl

has anyone actually read the announcement, page-20

  1. 1,519 Posts.
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    harlee,

    You have hit the nail on the head.
    I'll quote you........."To me it seems that apg is becoming nothing more than a day traders stock to get a quick profit and get out."

    APG has been a traders stock for years and you should have recognized that b4 now.
    That is going to take a long while to change....but it will !

    It happens everywhere on the mining board.....even with quality stocks........it's called arbitrage....and ultimately it levels the marketplace.
    The APG problem is that it predictably releases the Quarterly report on the last possible day. People can get set.
    Another stock that I follow closely is DOM.
    For years the traders swamped the stock 1 week before announcements...........It happens significantly less now as the company releases its quarterly reports anywhere up to 3 weeks early to outfox the traders.

    When you invest on the mining boards you have to know the arena you are entering.



 
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