Looks like the chartists got it right. Somebody seemed keen to have API finish the year on a high note.
Fdken, not sure that I agree that the postings are invariably positive and particularly when it comes to struggling stocks such as this one. When the punters get hurt they often take it out on the company and its board via Hot Copper. If you have a look at Paperlinx for instance there is more negative comment there than positive. One of the posters is running a home page called paperlinx-sux and he was on the 7.30 report a couple of nights ago giving the board curry.
I think we are lucky to have a couple of pharmacists such as yourself posting here. What is the latest with API and SIP? I got the impression that the early favour of clients towards SIP has stopped. Is that the case and if so what happened?
Happy new year guys. Lets hope this late surge continues in 2012.
GPASAS
API Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held