prior to the run up, you’ll find a lot of positive articles about av1 on various news websites. That stopped about two weeks ago except for an interview I found with Luke Taylor last week.
I would suspect that, with no news, this will continue to slide slowly, as it has done previously.
Based on the last 4c, it’s hard to say if sales are actually getting much better than they have been. I’ve been looking at website statistics for the last three months and in the last two, I’ve seen a huge drop in activity, particularly from Brazil. It’s hard to say what this could mean as it was referrals that had dropped to TrafficGuard website. The referrals dropped by half over 2 months.
So whilst I like the product and sales strategy, I think it’s still not clear if they’re making the sales they need at this stage.
I’m going to wait on the sidelines for a while and assess it as things go. Q2 results will be very interesting.
AV1 Price at posting:
18.5¢ Sentiment: Hold Disclosure: Not Held
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