This is a good assessment of Atlas' position without getting carried away in the hype. Those expecting 100m profit for the quarter will be sorely disappointed come January (assuming iron ore price drops this crazy run at this point). I'm a holder and extremely up beat about this stock. Just remember that 50% of the stock is held by lenders that want to recover their cash so if iron ore turns watch how quickly the sentiment changes from buy to sell.
AGO Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
