It's always amazing to see how quickly a stock's share price can fall when someone wants out.
AVZ holders have also experienced a lot of pain in recent days. And there are some similarities, particularly in regards to fear-based selling because of unknowns. I was checking out their thread last night, which had one of the best down-ramps I've ever witnessed. Pretty crazy stuff happening over there. A lot of people sold out for some massive losses, only to see the stock bounce back today.
I don't mind the flush out today. It releases the tension a bit. As far as I'm concerned, the fundamentals will rule the day on this one, if it eventually plays out.
I'm not trading it. I have my fill and I decided a while ago that I would be content with my stake in the company and see where it ends up. The risk-reward ratio still make this a very attractive buy in my opinion, but everyone needs to be comfortable with their own level of risk. And there is always a lot of risk at this end of the market. IMO, this is either 10 bags or zero within two years.
GLTAH, DYOR.
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