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Bull run

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Wizard
Super Contributor
So the Bull stampede has resumed again, probably for another 2.5 months. Will we see 15000 on the DOW, remains to be seen...
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5 REPLIES 5
Ditzy
Frequent Contributor
Hiya Wiz, what you reckon is good entry point for AFO?
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Wizard
Super Contributor
:))) I just bought it on 285! It can still go to 270, but it's getting highly unlikely it will get there. Happy trading sweet D!
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Wizard
Super Contributor
Ditzy, have a look also at PMV. It's probably another AFO in the making.
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Ditzy
Frequent Contributor
Thanks Wizzie, chart probably suggests so, though I worry about it being so illiquid. Looks like it's tightly held in the hands of a few. They seem to be into body shopping which I don't find particularly attractive, I mean, what's the upside unless they get bought out?
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Wizard
Super Contributor
I haven't done a great research on them, but they seem to be making money lately! I would say it's `liquid enough'. Remember AFO was in similar situation back then when it was trading at 70c. If this is a good story investors will jump into it and next year it will trade over 2 Rand.
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