An interesting and thought provoking debate. Cheers for both sides: longs v shorts, holders v sellers and blue sky v gathering clouds - both sides of the debate supporting and reinforcing his/her own position (as is the case with most posts).
Being so close to production it is difficult to imagine why anyone could have anything but a Buy recommendation on AGS (ST or LT). Both sides are agreed on that. What we don't know is what target the market will support over the next 6 crucial and critical months. Recent history has shown us that all the analysing in the world won't answer that.
I think a lot of us longs are speculating as much on good management - its decision making and negotiation skills - as we are on the stuff in the ground. Can think of a lot of companies that have let their shareholders down, but our directors have not done that so we have been happy to hold and accumulate. Will be interesting to look back from this time next year. Best wishes everyone.
AGS Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held
