Nice post and some very good thoughts on your behalf.
All is going great for apg over the past 6 months with BHP as major shareholder, Newcastle plant nearing completion, agreements now signed up with major Companies, we hear of new staff being trained onsite and some cashflow expected by year's end.....could not be better and I for one have been holding and buying more.
With all this great news about for apg, and whilst I appreciate markets are unstable at the moment, it is very difficult to understand why a big seller in the morning yesterday at 11 and another dump late yesterday also at 11.
I understand traders are in for a profit and perhaps some over extend themselves from time to time, but to bail out now is well...just interesting.
I have been involved in apg for a period of time and now hold a very nice parcel. The trading of this one is difficult to follow. Good news come....then sell down which suggests some are taking advantage of news as it breaks....but that's trading. On most occasions sp has already run!!
When the market learns more about how much potential apg has then we will commence to get more holders as the sp increases. This will dilute current holdings of some and a true sp will then commence to be achieved.
As for you prediction of 40 cents during November you may well be right but to achieve your sp we need not only production but also more holders prepared to hang on for the longer term otherwise we will continue to see the ups and downs from 10 to 20 for the remainder of 2007. Great trading for those in for a quick $$$$....very frustrating for those in for the long haul.
JAWSY:)
APG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
