Theron Your right to be on edge about shorting at these levels....

Theron
Your right to be on edge about shorting at these levels.
IMO it should be starting to hit some substantial resistance.
This is where it got stuck last time it went free falling in 2008.


If it drops a little bit below 40 for a day it is of no real
significance.
But if we start touching low 30's I reckon it could go all the way
to 10 cents, it depends on whether the IO price stabilizes or not!

As it stands AGO is starting to look like a fairly healthy Long bet,
but it is still very much a bet and not one I am prepared to make yet.

Good Luck with it.