Previous post suggested a climax before release of Q Report followed by a "share price droop"
That institutions would back off and share price would weaken.
Also a suggestion that Bill T's efforts to alert institutions to the value and potential of Anvil have had negligible impact in the past and is not likely to shake the market now.
Institutions have already used regular techniques post Q Report.
Closing the gap between asking price by sellers and offer price by buyers with small sell orders.
Meaning that the usual dribble of selling will be at the price institutions are prepared to pay.
A plethora of private investors avoid Anvil because of "Congo Fear-ver".
Meaning institutions rule trading in this company more than other companies on the stock market.
They are resistant to the "Congo Fear-ver".
Expect a drift in Anvil share price for some time.
Probably time for a sleep.
The bottom line is that institutions have analysed situation pre-public release of Q Report and have placed a valuation on Anvil as a buy up to 84 cents.
They have added to holdings pre Q Report and will now sit back and pick up the "dribble of selling" at lower prices.
We must always remember that institutions are cautious, conservative and smart.
Valuations of Anvil are based on actual profits.
"Show me the money before I buy".
The closer to $1.00?
You bet!
Late April.
The "tipping point" has been passed and positives are impelling the momentum.
For now?
Time to snooze!.
Previous post suggested a climax before release of Q Report...
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