AJD is in a very unique regarding the sp floor of $1.87 provided by NXT.
Who here isn't aware, and keeping a close eye on the calendar? Knowing full well that September and October are nigh, the two historically WORST months for investors (I've read September is the worst while October gets the crash headlines).
So, that's the floor and the calendar, ie. "Portfolio."
The absolute, stick a fork in it, downside risk is $1.87, and today's AJD close at $1.90. Therefore if one chooses to "park" one's money for safety from a possible sp savaging elsewhere, it's AJD. The safe other choices orbit the pissant interest in money market funds, which even so have a downside risk.
AJD has a ground floor sp. AJD also has a unknown potential material UPside risk with the whisper of another bidder, the reality of another bidder would create a, to stretch a metaphor, build a penthouse sp floor.
So, there's your "Insurance" UPside potential included gratis.
Trade accordingly.
OV
PS Killa68, your reasoning seems sound, and is intriguing.
AJD Price at posting:
$1.90 Sentiment: Buy Disclosure: Held
