Some knew of this deal before hand??.......interesting??? big boys always move before the retailers and market is not a level playing field and never will be.
Goldman Sach have a sell recomendation.....do you believe the brokers or Chinese who put in over 450 mill and knows Chinese economy inside out and what they need in term of aluminum and other metals in the future????? You can almost said that this Chinese company is an insider
I believe more than ever that AWC will hit over 2 bucks this year. Short term there will always be sellers and profit taking which is very healthy and shorters, one can only see it in the chart....way overbought.
The bigest risk will be worl market....there will be some profit taking which will bring the prices down.
In the months ahead there will be more push into the mid 1.45 ond over.
Unfortunately as I always said opinion is just opinion like that from Goldman Sach and mean big ZERO....market is always right and they will call the shot and the price is the real value of company not the pe and reality rules and make you money or lose you money not opinion.
Cheers,
AWC Price at posting:
$1.29 Sentiment: Hold Disclosure: Held