Progressive Stocks

[stills999]

Folks (totally understandably) don't seem to keen here on AMY, so I won't keep harping on it... I agree, the price performance, however, shows that markets are not rational ... which is a good thing as this can be exploited.

Regardless the opinion of AMY, from a rationale-market perspective, it is weird the stock dropped so significantly today. Their previous report said that if commododity prices hold to current levels or go up (as expected), the investment would be profitable ... the recent news said, if prices revert down to the average over the last 3 years, then the investment would not be profitable ... what revelation is this to have such an effect???? What do we know now that we did not know before???? An efficient market is defined as prices reflecting all known information ... with the information not changing, how can price change so significantly?

As a side not, there was some posts of other miners using third-party price estimates in their PEAs ... I have not reviewed detail, but -- if true -- this really adds insult to injury.

I'm just waiting for this irrational market to place an irrationally high price on one of my main investments ... these irrationally low prices are getting frustrating!