shorters paradise - next support level for ago, page-127

Hi zarzoore,

Good post , you hit the nail on the head here.

I have been in stock market for 15 years now and have never seen this kind of destruction happening.

You would expect AGO and many other companies being on the edge of receivership if you look where the shareprices have gone in the last 12 months.

If this continues there will be totally no more confidence in the stockmarket and the only ones left trading will be the High Frequency traders ,bots and shorters who will keep picking the last bit of meat of the bones.

Retail holders will have left the market with big losses and their money gone to the big hedgefunds and bankers.

I have been saying this for a long time and everytime when I post this, it suprises me how many retail investors have no clue that this is happening.

good luck to all

jojo