Well here is my 2 cents worth. We have all seen the bottom fall...

Well here is my 2 cents worth.

We have all seen the bottom fall out of both Atlas and the IO price. Essentially Atlas needs to navigate the next 12 months carefully and I think that we have the right management in place. The port inventories in China will eventually fall and the IO price will stabilise. When this does there will be a buying frenzy. Just look at the bottom of any market. Notably the GBP in recent months, natural gas, gold etc...

Yes we should of sold to buy back on the retraceMent but we did not. We could of hedged a futures contract or two but we did not. I have over 50k invested in Atlas and it is a risk I am willing to take to hold. Over the next few months I plan to pick up some more and we will see. If anything I think one could get a return of 100% in a a few months to a year.

I just hope Atlas will be careful with our money and the futures of their employees.

Onwards and hopefully upwards.