Thursday, June 21, 2012

Aquarius Platinum

It was only just over a year ago that this UK stock was over 400p - trend followers would have taken several chunks out of this on the short side (despite some failed signals), culminating in this current downtrend. I have no knowledge of the fundametals here, but knife catchers and bottom pickers would have been repeatedly burned on this one. This is now comfortably below the 2008 low. Next stop zero?

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