TSXV:AAA.P - Post by User
Post by
TommBombon Jan 18, 2011 12:00pm
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Post# 17989881
Glad to see
Glad to seesome consolidation at this point. I think its in the investors best interests for a number of reasons. A large run up like this, its necessary to unwind the overbought condition as seen by the RSI indication. The consolidation before news of the drill holes is also a very good thing as it can eliminate or reduce the sell on news effect. In the previous post a person mentioned how AAA has run up in the past and then came down.. I dont believe it will repeat this trend. The combination of a great property and management tied with a renewed investor interest in the potash sector will hold this stock in a much higher trading range.
Best o luck