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25/02/16
15:19
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Originally posted by Good investments
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I keep telling people that are still owning a2m that the stock issue is serious and will affect growth. I have told many to get rid of it during the $1.9...But no one is listening. Some even mocked and said I have got out too soon. Am I too soon now?
I have told people not to buy at $1.9, $1.8, $1.7 or even less, unless they have resolved the supply issue. In fact I said not to buy at all until supply issue is rectified.
Even bal has much stronger fundamentals and supply is coming soon in huge number. Yet the share price got bashed here and there. As share holders you need to see the company has very strong fundamentals so when the share price got bashed to rock bottom, you can assure yourself that someone is playing games.
Otherwise, you will sell your shares before it even gets to the bottom. I'm sure soon someone will realize oh oh "green day, a2m is red and red day a2m is redder!!!"
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It's a bear market, need to wait it out. I have no idea what the share price will tomorrow or next week, but i feel confident that over time, the SP will rise. Fear rules at the moment, good new is sold... Just need to remember that things change. It is the market that has issues at the moment, not BAL.
And no, the market isn't always right!