Hi Matt,
You flatter me. Let me remind you I am not a broker or any of those
other professional types, so when I post something here I am just giving
you my opinion. Understand that. Like Dan says, you make those decissions
based on your du dilli and your own consience. But like I said I would
do the charts first before I answered your question. That I have done
and seeing how it is snowing like a son of a gun, my day tomorrow is
caput so I'm staying up late and doing everything tonigh, or should I
say this morning.
Well here is the way I see it. Remember just my opinion. We had a big
gap up today. This stock doesn't like big gaps so as I read it and this
is getting a little harder to forecast because we are starting to get
closer to the real thing. But I would say and then that depends on the
progress report that is coming out next week, that if it doesn't move
down Monday then maybe Tuesday. For the last 14 trading days and that
includes the holidays when it didn't trade it has been trending up. Pulls
back, but each time a little less. It by the looks of it bottomed out
14 days ago. The price of the stock was driven down by very little vol..
What does that tell you. Some body wanted it. Since then the vol. has
been increasing and so has the share price. Now we are not going to set
the world on fire but when you look at the charts you will see a definite
pattern starting to take shape. Vol. has been pretty consistant since
26 trading days ago, now with the exception of it taking a dip 14 days
ago the vol. has been steady. Over the last 14 trading days it has
been trending up. Drop back then up, but each time it moves up it is a
little higher. The folks over at AAG are astounded at what is going on
and can't give an explaination, but I think it is perfactly clear. I follow
this one religiously along with 13 others that I am interested in and
it starts to become clear what is going on. The professional traders are
milking this for all they can get out of it before it takes off. They are
paying their way with the .10 moves.
Now when you look at this from an objective point of view as if you didn't
own it as I do, I see a definite pattern taking place and I also see that
the window is closing alot sooner then I had expected. Time is running
out an the pros. see this. The chart show that it is dishing out, meaning
that there is accumilation going on on the dips and there not selling.
Lets face it as the word gets out folks are seeing it is a good deal to
buy this company. Where can you get 1 1/2 for 1 with the potential to
get 1 for 1. If you get 1 for 1 then you got in cheap and you hold a pretty
good position. Lot better then if you bought VSY. And yes that potential
is there. If the market puts AAG at the same price as Vsy then what do you
have?, 1 for 1. You have a 5.00 stock selling for .78.
My out look on this is that if not Monday then Tues. it will drop at least
1/2 of what it was up today and then fall past the .09 that it moved up today.
NOW-----You might get some that will wait for the news, uh progress report
to come out before they dump. If the report comes out with any info on
their findings then it might jump, but I doubt it. I don't think they
are going to give any ammunition for the speculator at this point. That is
the take I'm getting from are conversation.
Now as far as you coming in or raising your bid, I would wait until I saw
what was coming out unless it drops on Mon. or Tues. but I really don't
think you are going to see AAG hit the 50s again and make you .60 bid
good. NOW THAT IS JUST MY OPINION!!!!. I do think that you will be able
to get it cheaper then .78 though. AGAIN this is all conjector. My opinion
only. You will have to make the decission for yourself. Now how cheap?,
I would guess maybe around .65 but not for much longer, and that is a
steal if you can get it there. My thoughts on this is that it will be
10.00 by June if not 20.00 and AGG didn't shut me down when I said it to
them. So we will all have to wait and see.
Hope this helps. Oh, thanks again for the compliment and confidence.
Hope you make the right dicession. May you get in where you want.
Ron
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