It certainly held up very well during the recent market downturn. One of the reasons why I am very confident with my investment in ANP. It's just that I don't trust the general markets and my longer term outlook is very bleak, although I believe that there's a good chance of a relief rally from here and money has recently flown from defensive to riskier assets, so it does look quite promising. I doubt very much that the market is going to roll over completely now, but should that be case I believe that .4 and .5 could come into play. We should be trading a lot higher by the time that happens anyway and it would be nice if the market proved me wrong on my sad longer term outlook. My initial upside target in decent market conditions is 3.4c.
Time to get away from the computer and enjoy a beautiful day.
ANP Price at posting:
8.0¢ Sentiment: Hold Disclosure: Held
