Friday, October 26, 2007 1:06:22 AM
I would attribute the current sell off more to inexperienced traders spooked by the Regdex, and more experienced traders selling to take advantage of the actions of those same inexperienced traders, knowing that a rebound is inevitable when it bottoms out and the bargain basement buying begins, given all we know about ALRY...
Again, in my humble opinion, nothing has changed here, the fundamentals are sound and all indicators (not necessarily technical, but historical and current), point north...
My confidence is high in the mid to long term future for ALRY and I would encourage anybody thinking of selling at this level based purely on the recent drop in PPS to hold... Only my opinion of course... please do your own DD and dont take my word for it.
Cheers, J.
In Remembrance of Joe Bresler, former C Sqn (Rhodesia) SAS, good friend, sorely missed. RIP Joe
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