GREY:MAAFF - Post by User
Post by
pangloss81on Oct 27, 2009 12:23am
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Post# 16426180
chart
chartI know that we all wanted a faster climb in the sp and financing etc. I, for one, know that i almost counted on us being up around a buck by the end of the summer. Yeah, it sucks that we havent had a surge like we did back in May or so. Nevertheless, look at the chart. I am no technical expert, but that chart looks pretty damn good. Also, that solidification in the chart--a general trend of higher highs and higher lows--has developed in a situation where the market could have lost patience with MAA. The market could have said that MAA hasnt delivered the goods yet, even though the goods were promised a while back. But a look at the chart shows a pattern of increasing confidence.
Finally,i think there have been a lot of great posts in the last few weeks. Thanks for sharing your research and thoughts. MAA has become a more complex play with emergence of sinohydro, but also we have all invested into a rather opaque company and many posts have (perhaps) shed some light on what is emerging.
We are still in the no-brainer zone...enjoy it.