AVX 0.00% 2.5¢ avexa limited

selling still going on, page-14

  1. 1,203 Posts.
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    I really wouldn't worry too much. Sure, the stock is getting pushed around all over the place by market sentiment toward income-less stocks in general and biotech in particular, but the story is still good. it's been hovering around 30c for a while now and whether its 28 or 32 doesn't really matter too much on turnover of only $200-300k a day. Talks for a deal are in progress and something will happen A good deal will see prices fly, a more desperate deal (if money is starting to run low) will see less of a profit, but the price will still go up because of the certainty of the deal. Regardless, it's hard to see this being the fair price. If you were all cashed up and looking for a speccy - AVX would be a screaming buy. Don't panic simply because we all bought earlier than we needed too. No point compounding paper losses by selling at the bottom, that's for sure!
 
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