Atlas South Sea Pearl - ATP

S

ShinyStuff

New Member
What do you all think? Read their annual reports today... Moving into perfume and cosmestics in a big way as well as regular pearls... Seems cheap considering they opened at $0.40 and are now $0.053.

Appreciate your thoughts

Shiny

++++++ yep edited! Thanks, typo when on ipad.... fat fingers!
 
I like the look of the business and the reports of the increased sales etc but I don't feel like its got enough exposure to really make the
business jump in share price, I like what they are doing with it though but another thing that's unpredictable is now they have moved into
Auction of pearls that can be something that's not steady. They may get big sales, or they might go completely the other direction.

I would wait till the stock drops to about 0.04 buy about 20,000 shares and hold onto them for a while, if it breaks 60c u may want to sell half
Then buy another 20k. Just how I would go about buying into the business to lower risk for yourself. Could be a potential winner.
 
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