Irrelevant information posted as usual. You might recall AVZ is in the ASX200. Try harder dude.
Definition: Penny stocks are those that trade at a very low price, have very low market capitalisation, are mostly illiquid, and are usually listed on a smaller exchange.
What happens time and time again these days is more people are shorting stocks rather than going long. Getting sucked in by specialist firms promoting huge returns. Apparently it stimulates the gambling cravings in the brain, some punters really get addicted to that adrenaline and dopamine hit thinking they will make heaps with little effort
In sure you can make a lot of money shorting, particularly with co-ordinated attacks on stocks, but sometimes shorters get caught. Sometimes there is no payout and the short term punter does his nuts and more.
If I was a shorter, I would be shitting myself as to the contents of the AVZ announcement that coincides with coming out of suspension, (maybe this week, maybe not) but it must be awful to live in fear like that.
Worse still, poor shorters must be experiencing a real sinking feeling along with the dissipating false hope of getting out of their positions unscathed, particularly now that the Chinese fraudsters concerned in all of this have been called out by DRC Government and are unlikely to get the better of AVZ.
Anyway, come Wednesday and if suspension is extended there will be a rush of "social media influences" rushing to extend their down-ramping contracts a little longer. Hope at least they / you can come up with some better or new down ramping material, it all a bit enervated now. Not unlike most of your posts.
Good luck to all holders
Cheers BJ
