So the quarterly activity report that so many of you have been waiting for is out. Nothing material new was reported as expected I may add. The cash position looks solid, again no surprise and no panic even if Vale does not cough up more.
That being the case, I expect the selling (ala profit taking) to resume tomorrow. It will be the traders and investors too (locking in some gains) doing so. "True long term holding believers" will be the ones lapping this up as they see this as yet another opportunity to load up on what they believe to be bargains. EVERYONE SHOULD BE HAPPY!
As such, let's continue sharing our own individual views on AVB without knocking each other's trading/investment styles. Neither group can prosper without the other. It does not matter if one makes $10 and the next person makes $1,000 so long as neither is deficit.
AVB Price at posting:
12.0¢ Sentiment: ST Sell Disclosure: Not Held
