GREY:ATBPF - Post by User
Post by
MasterAlgaeon Oct 28, 2020 12:22pm
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Post# 31795945
Sell-off again....
Sell-off again....
ATE is not meaningfully impacted by what the TSX or DOW, S&P etc are doing. It is way too small. If anything it has a negative BETA which means ATE moves in the opposite direction of the markets, (proof that it is disconnected). The BETA of Antibe is "inversely correlated to the market benchmark."
It is tax loss selling season, indeed there has been massive selling in ATE since June - obviously.
Given the lack of news from the company and the wider economic environment, individuals' concerns may be rising about ATE, (I know mine are).