Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Horizons Australian Dollar Currency ETF T.ASD



TSX:ASD - Post by User

Post by garygpon Oct 13, 2007 5:24pm
317 Views
Post# 13567542

Financing and future warrants.

Financing and future warrants.Prior to the 6 & 7 Sept '07 I followed this stock for a period of time and felt the stock was being manipulated or artificially managed, possibly for a future placement of some description. I posted my thoughts on the board at that time. Well here it is. In spite of what ASD have going now or even into 2008, this appears to be a non-performer. Why bother buying the stock at .35 and tying up capital now, to get warrants in the future? The manner in which this game is unfolding would lead me to believe the stock will, in all probability, be able to purchased at less than .25 in the not too distant future. I know this isn't what the longs want to think or hear, but, "it is what it is." Lets wait and see how this plays out over the next 6 months then check in. All IMHO of course. Best Regards, gary
Bullboard Posts