hammering, page-9

I completely agree with Gindaldan. At one stage the share price of MMX was close to $5.50 and at present it is languishing around $0.47 cents. Concerns around lack of financing killed that stock.

Recently Atlas Iron has also come out with an announcement regarding a joint venture with QR National to build a rail network in the pilbara. Once again, the market didn't respond favouribly to this and the stock has pulled back about 20% (although the general market has been dipping at the same time).

I think AQA have great resources and this is a fantastic stock to trade. I am just hesitant at the moment to invest for the long term......too much uncertainty in the markets.