AVH 4.94% $2.76 avita medical inc.

Shorts are increasing on AVH, page-209

  1. 6,444 Posts.
    lightbulb Created with Sketch. 1059
    I don't know what rubbish you're going on about
    I wasn't even a shareholder at $11 (a few months ago you said it was $12)
    You do tend to make up a lot of crap

    My entry was $7.50 after the march crash last year (I've said this so many times now)
    I bought at $6 again to bring my average down before it rallied (took profits)
    Then I bought again at $5.81 (I even called it that day) before it rallied back up to $8 (30% gain)
    Took more profits
    My last post clearly stated that it wouldn't pass $8 without a decent quarterly report (originally I thought it would get back to $10 with that rally)
    Expenses needed to show that they are under control (& they have now)
    Then my acct got suspended so I wasn't able to continue posting my opinions

    Unfortunately afterwards all 4 of my stop losses got triggered all the down to under $6 (all those were at profit)
    So I bought more when it went to $5.50 (that rally didn't quite take off but did get up to $6.50)
    By then the charts showed a clear down trend & $4.50 seemed the obvious target (but I still bought as soon as it went under $5)
    Then bought more at $4.55
    You can go ahead & check my posts if you like
    I've taken plenty of profits along the way
    Yes, I do have quite a bit of capital in it atm (but as do my other shares in my portfolio)

    I'm happy to stay invested in AVH & happy to ignore all the noise that comes with a falling share price
    Average down until the share price stops falling
    It has been time consuming & I would have preferred the stock just to climb & earn passive growth
    Unfortunately it's only 1 of 2 stocks I bought from last year that have given me trouble (all my other stocks had done well until recently where quite a few have had significant pullbacks, including PNV)

    Who knows, AVH could retest $4.55 again or even lower & I can average down even more (unlikely)
    But if it finds resistance I'll start selling my profits & have cash ready to buy even lower if my 4 new stop losses get triggered
    I trade what I see until I can't buy cheaper than my average price
    Then it becomes a free carry
    Atm I need to wait a few weeks to see how low the next retest goes (still early days)
 
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Last
$2.76
Change
0.130(4.94%)
Mkt cap ! $187.9M
Open High Low Value Volume
$2.74 $2.77 $2.66 $1.044M 382.8K

Buyers (Bids)

No. Vol. Price($)
1 980 $2.74
 

Sellers (Offers)

Price($) Vol. No.
$2.76 10173 2
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Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
AVH (ASX) Chart
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