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Horizons Australian Dollar Currency ETF T.ASD



TSX:ASD - Post by User

Comment by stocktalk2on May 17, 2006 7:10pm
110 Views
Post# 10862805

RE: RE: Decent numbers:

RE: RE: Decent numbers:ASD only follows down trends. The reasons are simple and complex. Simple in the sense that whenever ASD's stock is under pressure it's because they are thinking about doing another financing. The people they normally have done business with are barbarians. They are not interested in the deal, only their deal. The Germans are a good example, they have hurt ASD more than helped. Why does management do business with people like this. Birds of a feather, desparation, or more than likely, if you look at all the different boards these people sit on, and the other companies they are doing business with, one must come to the conclusion they are stock who...res (stockhouse sensorship). Anything for a buck. Use the story to suck in the gullible. Does this mean that they don't have a good property? No. But it most likely means that as shareholders we will never see the value we should for our shares. They have pizzed away the best years of this market. Now, in a temporary correction we will hear the most common chant from ASD management, it's a tough market, the market is going against us. Of course they have been saying the time isn't right for the entire commondities bull market. I happen to agree with L4, I think the results were good, not great, not spectacular, but good. The fact is with what we have in the ground and let's say $550 gold and copper at $2.50, we are still looking at values we could have only hoped for, but that is a half full perspective. It seems ASD only sees the glass as half empty, and somehow conveys that sentiment in the market. I won't go into the complexities of what I truly believe is happening to ASD's market because it would take more time than I am willing to give in the mood I'm in right now. Perhaps later.
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