I think we are in for a very bumpy ride regardless as the bull run has been for too long. After getting burnt badly in Oct, the investors are not in the mood to run ahead. I see companies with excellent performance and upgraded guidance and took over smaller companies ... yet the share were sold off even further after 30% drop! AusCann has not income at this moment so it will speculative for a long time. There will be wild fluctuations. I suspect that it will keep doing the short leg up and long leg down for a while even though let's hope we have seen the bottom at 63c. Hopefully we will start seeing higher lows from here.
AC8 Price at posting:
76.5¢ Sentiment: Buy Disclosure: Held