The current panic is just a tad overdone imo. It is not a bad performance overall - especially as it is clear that management is very focused on stage II which has always been the main game.
However, AVL does need to manage expectations a little better now that it is a "real" company. You cannot let the market get too far ahead of where the company really is.
No doubt stop losses are very useful, but those selling AVL at these levels may just be throwing the baby out with the bath water.
Bill was to give an adress to the shareholders association in wa next week. Anyone going from hc?
