AVB 0.00% 16.5¢ avanco resources limited

if tomorrow never comes

  1. STL
    96 Posts.
    As the Ronan Keating song goes .... what if .... if tomorrow never comes?

    Yesterday's trading was massive compared to volume for the last two weeks or so. It does not matter who the buyers or sellers were. Bottom line is there were sellers who have lost some faith in this stock, while there are others who still do. For every loser, someone may have won.

    I expect there to be further weakness in today's trading as holders (those that only review their stock's performance at the end of trading each day or less frequently) who missed yesterday's sell off will try and sell today. And again, there will be bargain hunters cleaning up.

    I still do not hold but did manage an intra-day trade for a small gain. The trend is still down, so no buying to hold just yet. Trust others have benefited likewise ;-)
 
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