This is just an observation (but it has made me a fair bit of money) When a company like AGS has a great story. They present their story to a bunch of investors and sharebrokers, such as the explorers conference in Fremantle. The share price immediately jumps and continues to rise for approx 3 days or more.
The big institutional buying normally occurs 2-4 days after the investment conference. Seems like it takes 1-2 Days for the paperwork to be approved.
The conference would have been attended by most of the investment houses.
AGS is fresh in their minds.
Its now big enough for them to invest in.
Yesterday was day 1 after the conference.
Day 2 Here we come
AGS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
