Post by
mingzhu on Nov 19, 2014 10:17am
trading ARF
I traded ARF three times since it fell from $25. Each time I made money. One time was when it was at 0.70s on the verge of bankcruptcy, suddently rescuded by Brookfield. Strangely there was no immeditate reaction in market, and then climed slowly to $2. That indicated the shreholders of ARF are extremely conservattive, and acted very slowly. I am confident this time i am going to make money again. I am waiting to buy more when those depressed shareholders finish their tax loss sale. upside of this stock is 2.50 assuming there is no fundamental changes eithe of management or infrastructure contions. As long as it is not going to bankcrupted, it will go back o $2 technically