AVB's SP has been in decline since about mid-Nov 2012. The break in Jan 2013 was shortlived. It has since moved side-ways and down. In the absence of any major announcements, IMO this stock will continue its side-ways and down trend.
I note that the long termers are still holding on to their believe that this is a potential X-bagger because of the proven resources. And still trying to chew up negative views.
That said, AVB has been amongst my better trading stocks and I am keenly watching for an opportunity to get back in. That opportunity will present itself as soon as it hits June 2012 lows and rebounces.
AVB Price at posting:
6.6¢ Sentiment: None Disclosure: Not Held
