A point that no-one has yet raised is the issue of further dilution. AVZ seems to be handing out pretty decent chunks of shares willy nilly. I know as a percentage it's not huge, and the company doesn't really have the cash to pay everyone, but I would see that as putting downward pressure on the SP as well.
Not gunna lie, I'm pretty crushed. Have pretty much never been in red on AVZ, but my 14.2c average is looking awful close right now. I'm holding firm for long term, but psychologically it's tough to see a 250% profit disappear in a couple of months. I wouldn't ignore that either. Multiple times throughout this slide, I've considered taking a small profit and moving it elsewhere, so I can only imagine that people sitting on sizeable losses are cutting their losses and moving elsewhere.
GLTA, but imo traders and short term holders could easily find a much better stock for a quick buck.
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