hohimyee,To be honest I missed most of the action for AIO on...

  1. Zia
    4,183 Posts.
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    hohimyee,

    To be honest I missed most of the action for AIO on Friday, too preocupied with MEO and topping up on the dip.

    I'm quite comfortable with AIO although the stock might be vulnerable to any market correction based on an economy that might not be recovering as quickly as first thought. Friday's trade may have been reflective of that kind of sentiment but the fact that it bounced back the 3.5% means it could have been the big boys improving their position on good volume. It opened low as did the general market and then traced back to overnight price so may have been tracking overall market sentiment.

    Recent high of $1.74 could see it as part of general retracement too. So hard to say based on my limited knowledge.

    Dow was down again on Friday so good chance it will fall back again to $1.60.

    Cheers


 
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