GREY:ABGPF - Post by User
Post by
GUNSSon Jan 19, 2016 8:57pm
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Post# 24474789
Volume good, stock up 10%, why the complaints?
Volume good, stock up 10%, why the complaints? ALP was widely considered to be a joke until Baxter arrived in mid-June. Even then, it took a few months for Baxter to get established. The business plan was re-invented and the story revived, but who would listen? Not the scores of prior investors burned by prior managemnt....
So this is a new company, a new story. It will take time to educate investors about the impressive risk / reward propositon, not to mention explaining the new business model.
One other thing, when natural resource companies continute fall or trade sideways in this 4 year bear market, it's going to be difficult for ALP to rally significantly. That's the market we live in. Patience is required.