Not sure why I didn't buy and hold yesterday. When I looked back after market I couldn't believe that it had (a) gone that cheap, (b) I had bought at 2.93 and (c) not held past 2.97.
If I have one excuse it is that I was watching FMG which I had shorted on Wed arvo but had no idea they were going to hand down the results of the debt raising. I guess I got real lucky that Vale dumped IO on the spot market.
Europe hands down..... well, nothing... and the DOW is up as I type 1.54%. What the hell. It just doesn't make any sense.
AGO Price at posting:
$3.05 Sentiment: Buy Disclosure: Not Held
