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bilbo35

7,426 Posts.

154

19/12/18

23:45

Post #: 36913113
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Originally posted by dmaivn: ↑

I feel that AC8 is dropping to the level where it could be a target of acquisition. It is now so far under the recent capital raising offer that one would wonder who is selling it apart from those who got squeezed out on margin call. The chart also shows the longest period of down trend before a pop up. Last time it popped up around 30% from the low of 64 before reversing again. I will be happy with 30% rise over the next 4-6 weeks It's sounds like wishful thinking. I will keep on buying more at every 5% drop until no one is willing to sell it. And often at this level, speculative stocks from companies that has a decent promise would jump 50%.

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This is NY March Q up possibly 50%. I read the tea or should I say weed leaves and turnaround is next year. It may go below 50c if US stock bear trend continues which looks likely. Rates up:stocks down!
Still will hold or buy more as it gets cheaper.
2019 is for dopes again! I hope lol!
iMO!

AC8 Price at posting: 56.0¢ Sentiment: Buy Disclosure: Held
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