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Alpha Minerals Inc ESOFD



GREY:ESOFD - Post by User

Post by Campinon Oct 17, 2013 6:47pm
313 Views
Post# 21825471

Bought back in today...

Bought back in today...Should have jumped on it yesterday, but I was slow to pull the trigger... Thought maybe it would drift lower today, mid-to-low 5s was my target buy back in price, AMW has now had about a 30% reduction from peak ($7.60) to yesterdays lows ($5.45).  I like the action today especially with FCUs strong close, as we're linked to them ultimately and, even though we're always at a discount to them, as long as they show strength that will put a floor under us I think... Also if they hit and can extend the strike length to the west another 20%-30% during this fall drill season I think the market will like that... 
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