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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: 0.11 AUD

Market: ASX
Market Cap: $28.21 m

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Tony Locantro 'hunting for the next Northern Star' following Saracen merger

Alto Capital's Tony Locantro caught up with Proactive's Andrew Scott following the news gold miners Northern Star (ASX:NST) and Saracen (ASX:SAR) have agreed to a merger. He says with the gold price where it is these miners are 'spitting cash' and adds that sometimes the best way to add to...

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