AVB 0.00% 16.5¢ avanco resources limited

traders maybe flushed out

  1. 265 Posts.
    If the majority of hot money has flowed out which is what we need for stability we could have found our bottom, between yesterday and the day before i think the bulk of traders are out.

    We have 2 positives to take from the above if infact this is the case. Obviously if the selling has finished the price wont fall anymore, secondly the SP possibly copuld have a floor at 6.5c which for me is a great result coming up from 2.6c. We have results pending which if are good we will see what will be a repeat of round one buying all over again and not from 2.6c but from 6.5c.

    I justtook a quick look and refreshed the screen, this is lookingvery very promising for long term holders!!!
 
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