Alderon Iron Ore Corp AXXDF

RE: large volumn and trading at new low

[Shmoogs]

My thinking is that people are trying to sell into a high market. It hit 1.94 and some people started to unload big lots that drove the price down. I also think that the recent volitilty has cause people to put stop losses in ( probably around 1.80) and when the unloading started around 11 am it started to trigger some of these stop losses. I still think this is a unbelievable comapny and long term shareholders will be rewarded for thier patientce. I would not sell or average down until the trend turns around. Iron ore prices are under pressure but it will soon bottom like oil did @ $75 ish , gold @ $1525 , and start to level off. Once that happens - ADV will start to see money flow back in. This is not a company issue but a market issue which is usaully short term. Hope that helps and good luck.