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Horizons Australian Dollar Currency ETF T.ASD



TSX:ASD - Post by User

Comment by stocktalk2on May 02, 2006 5:58pm
176 Views
Post# 10776563

RE: Yikes

RE: YikesI guess there are a couple of ways of looking at today and how the market reacted. 1.6 million shares is probably an all time high for retail volume, with no placements. On the one hand, that kind of volume will put you on a lot of radar screens, attracting both good and bad elements in the investment arena. I am suprised that we closed at the low on that kind of volume. On the other hand if someone wants to get out at a $1 after reading that kind of news, I say good riddance. Better to get rid of the riff raff cheap. I will relish the days as we head over $5 and so on and think of how foolish these nickle and dime players are. Better for the rest of us in the long run.
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