RE: Paul Cuddon 'sell' note25 Sep 2024 11:09
I think the point that is ALWAYS over looked herein a sharp down turn, and the assumption its all devious market manipulation by a whole host of usual suspects, is that the market loves a bargain.
The fact is (what ever the volume), that when the SP falls buyers are not tempted to buy at these "bargain" prices.
The question is why not.
None of you seem to accept the risks involved in shorting a stock. Its never done on a whim. and also some small shorts are simply a hedge, which is prudent risk management.
There has been an interview with a bullish, confident CC and a recent poster update and since then the SP has collapsed.
Many here seem desperate to try to buy in at the bottom so as to maximise profit, but the decision to buy is not made (as far as I can see) with any rationale behind it, other than the SP is lower today than yesterday.
There seems a wilful ignorance, not to the risks of success or not which, I think most do acknowledge, even if maybe they think success is nailed on, but to the understanding of dilution and the actual desire of most investors to want to see a return on their capital within a rough timeline, and most of all capital preservation.
The upside is very woolly, (shorthand: Cure for cancer), but ignore the what could be described as a bit of a shambles of a company to date, if you look at the multitude of cash raises, dilution, DX valuation, Board members leaving, deal maker brought in, lack of deals, BP seemingly not interested etc etc.
So, on balance, if you did not know about AVCT but were told about it by a friend today and you did your own due diligence what it be a screaming buy today, right now?