All this talk about slow lab results is people not seeing the forest for the trees. Remember the story about the old bull and the young bull?....... why run and have only a little when if we take our time we can have them all.
I am more than happy for the results to be later rather than sooner taking into account current world financial issues. For where AVB is ATM the delays are good for us.....if you're a LT holder.
If you're a day trader or ST holder, do you really think the company is going to pull out all the stops just to keep you in the black?. No way, management/boards first responsibility is for the long term investors.
I am certain AVB management are not crying over the lab backlog, they have a damn good idea of what the results will be but until they're officially notified of the results have no obligation to report. Plausible deniability is at work here in our favour........for LTers.
AVB Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held