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Tony Locantro says stocks now falling to 'decent values' amidst market volatility

Alto Capital's Tony Locantro says we're now seeing some long overdue volatility in the market and stocks falling to decent values. ''We had the Dow Jones up above 28,000, we had gold knocking on US$2000, both of those were extremely crowded trades''. ''We had the NASDAQ at stupid levels as well so I think once the stimulus is removed and the traders get a bit of a beating let's get back to fundamentals''. As far as stocks he's keeping an eye on, Locantro mentions Mako Gold (ASX:MKG), Adalta Ltd (ASX:1AD) and Eagle Mountain Mining (ASX:EM2).

Quick facts: Mako Gold Ltd

Price: 0.115 AUD

Market: ASX
Market Cap: $29.58 m

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Mako Gold reports widest, high-grade gold intercepts to date from Tchaga...

Mako Gold Ltd's (ASX:MKG) Peter Ledwidge caught up with Proactive's Andrew Scott after reporting the widest, high-grade gold intercepts to date from the Tchaga prospect within the flagship Napié Project in Côte d’Ivoire - including 41 metres at 4.51 g/t from 17 metres. Mako's now received assays...

4 days, 19 hours ago

2 min read