GREY:MAAFF - Post by User
Post by
pangloss81on Jul 27, 2010 7:10pm
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Post# 17301569
today
todaywas not exactly banner in terms of volume, i think we were basically average. For people new to MAA, the volatility does create opportunities. Personally, i find it difficult to believe that we will not return to 30 some time in August. i am not saying that as a pessimist, i am saying that as someone who would like to buy at 30. The thing is that the market has had little conviction, and some people will take profits now. Then, we will probably get into the micro-volumes again, as we just wait. At that point, the sp is vulnerable. Plus, if anything, the analysts reacted negatively to our news this week. Apparently, some people are hypersensitive about anything less than glowing, so my interpretation may not satisfy them. However, at the end of the day, i am basically saying that personally i am neither buying nor selling for now; i will buy at a lower a price, and then i will sell at a higher pricer. And if all works out, that higher price will be handsome.