TSXV:AAA.P - Post by User
Comment by
next_big_thingon Feb 06, 2011 3:13pm
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Post# 18084077
RE: HIGHRIDER
RE: HIGHRIDERHighrider is not wrong - it's just that sometime these rules don't work. The reasons the
correction to .80 did not happen were:
1. Great uptick market for the last few days after a minor correction ending Jan 24.
2. Hot Potash Pricing - some people say it's peaking. If true? So what. AAA will be very profitable anyways.
3. Most Potash Stocks on a tear upward.
4. Recent promising exploration results.
5. More promising news due any time.
6. 27 Million AAA stock sale at 1.55.
7. Attempted Potash buyouts - BHP/POT
8. Food Prices going up.
Given that producing Potash company stocks are hot right now means there is tremendous potential
in all Potash Stocks. This makes promising venture stocks even hotter.
I believe any correction in this stock is going to be minimal and if the market heats up further and we
get more news soon we are doing nothing but going up. Right now - you can't count on a major correction unless everyone in the market drops Potash shares. That's not likely to happen because people are starting to sell gold and look for stock investments. The rumor is that the recession is over. That means the market goes up and we go up!!!
I hope you get back on board soon Highrider!