stupid question, page-2

Cashtup

AGK was formally AGL. I have owned this stock for years and it was listed as AGL until only about 3 years ago, if my memory is correct. This stock has been a saviour for me in that I bought them originally at 10.80. Though it went down to around 8.50 during the tech crash, AGL eventually went up to over 22.00 before the merger with Alinta. AGK then went down to around 15.50 after the merger because all AGL holders got proportionate Alinta shares.

I have been trading AGK lately. If you look at the chart, AGK sp have been hovering between 13.00 and 15.50 since the financial crisis. Some money to be made short term if you can afford to buy and then sit and wait. Same goes for alot of the other blue chips. Trade the seesawing prices in this climate.

This is my honest opinion only as I am not a financial adviser.

Good luck