The good news is already out but not shared widely.
This months surge in share price is because insiders/institutions are impressed with statistics and information now being compiled for the quarterly report (4th quarter 2010) to be released to the general public early next month.
There has been a lot of buying for this reason. It will now be in the interest of those who have been buying - putting upward pressure on share price - to capitalise by releasing positive analysis and buy recommendations after the quarterly report is released.
Watch for a slow down and lower turnover just before quarterly report is released as institutions/insiders step back.
Anvil share price past history has been largely a response to actual profits rather than projected developments.
When SX-EW is churning out large increases in profits so will Anvil share price "churn".
Vidi
AVM Price at posting:
$6.85 Sentiment: ST Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)