AVE 20.0% 0.3¢ avecho biotechnology limited

Ann: June 2013 Appendix 4D Half Year Financial Re, page-56

  1. 3,849 Posts.
    re: Ann: June 2013 Appendix 4D Half Year Fina... One of the contrarian indicators I use for micro caps is the confidence and hubris of the fanatics on the various forums particularly HC.

    IMO for a very, very long time the POH threads were ruled by the same 10 or so posters.

    But when "downrampers" can post virtually unchallenged on stocks that would normally see a single post from a poster abused, thumbed down, TOU'd and finally bullied off, not only the threads but ultimately off the forum then you KNOW a companies in trouble.

    Two fundamental issues here, as I've posted over a very long time, is after all these years there's still NO revenue growth and now there's almost 1 Billion odd shares that will be looking for a point at which they can get even SOME of their money back... never the sort of stock that you want to "invest" in.

    And as far as becoming a trader turps... Traders make money, they dont throw it away, I traded out (sold) @ 25c.

    Traders make money: People become "investors" when they fail to use stops, over invest their own sense of worth in hyped wonder stocks, get sucked into the cult of CEO's who appear to provide "selective" briefings to favored investors, listen too much to other "investors" who've literally bet the farm or the masseuse business on a wonder stock and lastly, believe their own BS.

    My opinion only.
 
watchlist Created with Sketch. Add AVE (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.001(20.0%)
Mkt cap ! $9.507M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $408 154.2K

Buyers (Bids)

No. Vol. Price($)
61 90794613 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 54998583 13
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
AVE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.