ABY 1.18% 84.0¢ adore beauty group limited

height of non-sense, page-7

  1. 12,087 Posts.
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    ListerWA, but did you buy ABY at 9.8 cents 18 months ago?

    I didn't BUY ABY that low, I paid 11 cents for 100,000 odd shares and sold out around $1.15 -1.20.
    Copper was around US$1.40/lb Dec 08 to March 09 when I bought and was US$2.60-2.80/lb when I sold late Sept-Oct 09.
    This market correction has nothing to do with the copper price, the Cu price is US$2.95 to $3, LME stocks are dropping every day.

    There is no correlation with the copper price v ABY shareprice at present.

    I wouldn't start buying ABY again until it slipped below 90 cents, and I double up each time it drops lower.
    You'll "miss the boat" this time hoping for ABY to go a lot lower than it was today.
 
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