I am long
Just to be clear with all those who believe a contrary view on BB signifies a basher or a cheerleader, I am neither. I went long 1000 shares, plus another 1000 shares for a total of 2000 @18.08 average.
I am not 100% convinced on AT, but I am willing to gamble.
All this being said;
Whenever a stock plunges to the extent AT has the last few days, people love to justify their fear and mistakes by coming up with conspiracy and manipulation theories. Maybe that stuff happens in Vancouver with penny stocks, but this is very unlikely with legitimate ( yes, I believe AT is legit ) companies that trade on the TSX.
Stocks always move for a reason. The Google cookies news would have a short-term effect on AT for sure. So would the theme of US Treasury yields backing up and putting pressure on Growth in favor of Value stocks. Those are reasons for day-to-day fluctuations and inefficiencies in the share price. But long-term fundamentals always drive the price.
Forget nonsense like knocking down the price so the smart money can load up. Belief in that nonsense will separate you from your cash in no time.
Like I said, I am far from convinced on AT, but I am long like most of you. I don't believe in fluff, hype, and fairytails. AT has to EXECUTE, period. Everything else in noise.
GLTA