Fandango do a search on the internet on hedge funds and read up on how they operate and derive profit.They force the price down and all the little guys with the stop losses computer driven succumb.They have targetted ABS and that is why the share moves up so quickly as they are covering positions.ABC has made positive in roads into debt and is placed for the future.At some point in time people will be saying why we didn't buy at 90c.
ABS Price at posting:
0.0¢ Sentiment: None Disclosure: Held
