GREY:AUAYF - Post by User
Comment by
rondee96on Aug 09, 2007 10:53am
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Post# 13221054
RE: Wall keeps going up at $2.00
RE: Wall keeps going up at $2.00I have never posted here but have been lurking for months. I'm a newbie in the markets and trying to learn. I wonder how much of the selling at $2 is being caused by computer programs and limit orders? I am invested in several moly plays and others primarily metals all are weak. Long on AUA looking for the fall season to pick-up vol and SP.
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AUA has always been a stock not for the faint of heart - we longs have been back and forth from 1.XX to 2.XX year over year. In fact one year we went from 2.90 to under a buck...it was brutal.. It is just the way it goes - and we have never been able to figure this out (although we continue to beat each other up in here in trying to figure it out).
Now that you are part of the investor family here, enjoy the ride in both directions - we are now probably seeing the new warrants comming on line and are free trading from a past PP. This will settle down over time - AUA is a solid business plan in becoming a mine - permits and financing are in the wind...then a lul until production next year...then we can all expect to be millionaires (barring a world war III killing the markets).
Good luck to all.