90% chance of $3, page-443

Great article Stargate. One of the key points from the article which I believe relates to the current ACX situation is the following;

"In the short term, the stockmarket can be volatile, and is often ruled by the emotions of fear and greed, regardless of the fundamental value and performance of a business.

It is during times of falling share prices that first time investors often sell in fear of further losses, and conversely rush in when prices are too high, fearing that they will miss out on further gains.

Over the long run, share prices follow value. Companies that are growing their profits and net worth will rise over time, whereas the share price of those companies who are performing poorly or making losses will eventually catch up."

It's been a tough week for holders, but as the article states, don't sell into the fear and greed. Believe in the fundamentals and the true value of the business. Anyone with half a brain and mid-to-long term outlook would realise the current price is an absolute bargain.

It's no surprise that the ACX forum has suddenly been inundated by doomsdayers and down rampers who have jumped on the ACX-bashing bandwagon. IMO, these are the same people who have bought very cheap shares this week despite spreading fear and nonsense via the forum. Don't get me wrong, some valid points have been made and I'm not oblivious to the questionable actions of management over the past few months, but you just have to laugh at some of the negative and fear-mongering comments made by ACX newcomers this week.

Anyway, that's my opinion. I've taken advantage of the current price and averaged down to the low $4. I'm not selling s**t. These are going in the bottom drawer for at least two years. I find it highly exciting to think what they'll be worth then