re: Why so quite, should be buying now THE REASONS Shareholders puzzled about the fall in the AOR share price today despite the rise in the price of Gold and a +4% increase in the price of Placer Dome last night; should be looking at announcements made post US close.
The reason for todays fall is the decision by S & P 500 index in the US to remove 7 non US stocks from the index, one of which was Placer Dome. This move will result in the sale of large amounts of Placer Dome stock by mutual fund managers that track the S & P 500 index.
This may result in a significant fall in the PDG shareprice which in turn lowers the bid amount for AOR.
2 other stocks removed from the index are currently trading down between 5 and 6% respectively in European trade.
The only saving grace is the rising gold price which may result in PDG shares dumped tonight being soaked up by investors eager to obtain an exposure to Gold.
Here's hoping.
AOR
apollo series 2013-1 trust
