take it easy some of these comments should be qualified with hard evidence all these talks of imminent takeovers and sp turnaround, just are not supported by hard evidence. Takeover imminent and turnaround ?, on what ?, a volume on an up day of one quarter of the volume on a down day that was yesterday. I think there is most certainly further downside. I hold this stock, but am not blinded by this fact.
I also think there are many weak holders who will get jittery on the slightest pressure downwards, as we saw yesterday. These holders are all sitting on paper profits from at least 53 cents.Some may hold all their stock but others may want to take profits.
Long term, this is a great buy, but how many of us have the patience ?
AVX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held