AEV 0.00% 1.5¢ avenira limited

fear into the faithful

  1. 3,048 Posts.
    Yesterdays debacle has put the fear into the buyers with nervous nellies dropping out at the mere sight of a small profit. This stock has definitely been capped off for a few days because holders (some of whom described themselves as LT holders until one day of a dropping SP) are starting to bail.

    I cant see this back at 180 for a week due to the huge whipsaw that will continue. Good buying is likely at 130, good ST trading at 170. It will bounce around.

    It is interesting to see the psychology of the stock change after 50 cent drop in one day, we won't see the SP rise as quickly nor will it push over $2.00 again for a while. That has become the new psychological barrier, likely to be tested 2 or 3 times as each time holders say to themselves "as soon as it hits 2 bucks I am out of this dog and into something else".

    I hold and wait to pick up more bargains.
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Mkt cap ! $6.611M
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1.5¢ 1.5¢ 1.5¢ $75 5.001K

Buyers (Bids)

No. Vol. Price($)
1 985000 1.1¢

Sellers (Offers)

Price($) Vol. No.
1.5¢ 250000 2
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Last trade - 13.08pm 10/12/2019 (20 minute delay) ?
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