OTCPK:ASLRF - Post by User
Post by
pmseeker2on Nov 29, 2007 11:26am
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Post# 13887660
Re: Warrants done
Re: Warrants doneI think the selling of warrants is partially accurate and no doubt was a big factor on the big volume days we had a few weeks ago. However sector sentiment sucks right now, as I track about 100 juniors and they are ALL in the same boat. No volume, no buyers and things always getting way oversold. I think we may have a day soon of a little shall we say panic selling and then we begin a major climb until may/june. The exact same thing occured in the fall '05 and its my belief that's it's headed that way again. So I look at downside risk [minor] verses upside potential [huge] with a strong belief that there will be a huge infux of new money coming to this sector starting jan. 08. Gold's going to 4 digits with silver tagging along and that being said I'm a buyer at these levels and bought more this morning. Cheers