AGO 0.00% 4.5¢ atlas iron limited

Hi ALL Never have I held a stock that so many SH's are...

  1. 309 Posts.
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    Hi ALL

    Never have I held a stock that so many SH's are comfortable with the price going down …
    There is one risk that all are aware of, being price of Iron Ore!!

    Otherwise, AGO has a bright future and HC is telling me that not too many BIG holders are here as there is no panic or over invested anger.

    Seeing some of the volume in the options today, seemed like a few big holders $70k, and if you have that in options you probably have $1 million plus in the heads and it's got to you and sold out lately. There would be many of these that don't ever appear on HC.
    Note holders don't carry any options, hence a clean out is occurring on the heads as well as the oppies.
    The selling is reducing on the daily volume, and not once since 5.3c has there been a shortage of buyers.

    Lastly, I'm very comfortable holding regardless of where this ends. We are the lucky ones, as we can afford to lose what we have here, and worst case a great experience.

    The upside -> great risk vs reward. GLTAH
 
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