GREY:ATBPF - Post by User
Post by
GameChangerBeton May 20, 2021 3:41pm
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Post# 33241975
Markets
MarketsThe general markets are currently experiencing a rotation is assets.
High risk, tech, health care, growth stocks are selling off. That money is flowing into value, high yields, and gold, and predominatly junior gold stocks. This rotation is well under way, but still in the early stages. This is why you are seeing stocks like Tesla, bitcoin, selling off.
ATE can certainly experience downward momentum in the short term as this rotation continues, certain price points are not impossible.
However, in ATE's case specifically, due to the number of expected positive developments, both in the near term and further out, it should be able to maintain a certain bottom price level until such developments are brought to market.