AVB 0.00% 16.5¢ avanco resources limited

13 c, page-11

  1. 2,171 Posts.
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    I've had the opportunity to watch trading for the past few weeks and each day appears to be ground hog day. This leads me to believe that it is not so much a play thing of the day trader but more influenced by acculation by an institutional buyer or another company wanting to take a position.

    The buy and sell side looks almost identical each day, price movement each day is on a gradual climb without being allowed to get away from itself. Not to mention the bots of last week.

    Look at the exuberance amongst ourselves on HC which is just a cross section of the AVB register, so surely this exuberance should allow the buys to swamp the sell queue? Whenever there is potential to do so, a large sell like the approx 1 mill thus morning brings it under control.

    I think there is accumulation going on and like any hunter it needs to be done with stealth and patience.

    IMO.
 
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