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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: DetectiveT who wrote (37648)	12/2/2005 8:25:23 AM
From: 4C	Read Replies (2) \| Respond to of 313119

Regarding ANO, in my experience one should be careful not to buy a stock simply because it is undervalued. There are plenty of companies out there that are undervalued and stay that way for a long long time. On the flip side you have trash that is shamelessly promoted and hyped...Before you know, they temporarily double or triple. That is why the fundamentals of a company are quite separate from the movement in its stock price. Now, ANO is a great company with good management and great properties, but it's stock keeps under performing. Maybe the release of feasibility study would change this, it should, but one never knows what the stock would do. I sold mine above 2.00 for a little profit, was the only stock that didn't destroy my portfolio this year. It looks very attractive now, but I'm holding back. STF Message 21431237