ADO 0.00% 2.1¢ anteotech ltd

Have been on holidays the last few weeks and have watched ADO...

  1. 1,416 Posts.
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    Have been on holidays the last few weeks and have watched ADO with interest and have even had a punt with not much success but enjoyed the trade.
    The gap at 21 cents was always an issue and without any news was vulnerable with weakness in the sector, especially the US market which is currently revaluing Tech and Bio stocks.
    I have to compliment and criticise some posters on the ADO thread.
    The quality of information provided on the company has been first rate.
    The constant affirmation of the companies presumed success borders on the dreaded R word.
    I would love to read HotCopper tomorrow and not read 1 post by a holder predicting how unbelievable this company is going to be, and if you are not involved....
    Great technology, great company, great people running the show still does not guarantee success. The Bio field is cut throat and fickle.
    I watched the close today with much interest.
    Although it closed flat, after being down nearly 7% early, I was concerned of the buying depth on close. 18 cents is looking very likely short term if the US market has another week night or two.
    JMHO and happy trading to all.
 
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