AVE 0.00% 0.3¢ avecho biotechnology limited

Don't know if I should be honoured to be the subject of a thread...

  1. 563 Posts.
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    Don't know if I should be honoured to be the subject of a thread or wary.

    I started following POH in late 2006, bought in late 2008, got out not long after for a small profit, got back in mid 09, participated in the CR and bailed about a month ago for a decent profit.

    I don't agree that I am 'continually' pointing out the negatives, sure I do sometimes but other times it is just to provide a counter to what I view as irrational exuberance on behalf of the happy clappers. I will also be positive when it is warranted, I was very positive when the Quigley/Prophase deal was announced.

    About a month ago I thought sentiment here was over the top bullish, noone seemed to be considering the risks of the rosy scenario not panning out.I like the technology I just feel the company is still a long way from something big and thus I can put my cash to better use elsewhere.


    As far as what I'll do with POH in the future, I'll take the evidence as it comes. I still feel some are holding more on hope than rational thinking. Next months announcement on funding will not resolve much except short-term needs.

    I think HC forums can at times serve as good contrary indicators in terms of sentiment. If sentiment gets significantly more negative it might be time to buy again.


 
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