GREY:AVGCF - Post by User
Post by
TraderDadon Aug 25, 2010 12:36pm
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Post# 17382100
Avion still a 'show me' stock
Avion still a 'show me' stockThe SP has been in the proverbial doghouse since the fiasco of last quarter, including the botched PP, in my opinion. I am sure that many investors still own AVR paper that they bought in the high 60s, 70s, and low 80s ... and are not 'doubling down' b/c they may not 'trust' the company until they see a real positive quarterly result.
I also prefer to take a wait and see approach before committing to more shares. That said, maybe the market will indeed reward AVR tomorrow if they can shore up some good numbers, and a good forecast. Many eyes are watching, that I am sure. And their fingers may be poised to hit the 'buy' or 'sell' , depending on how tomorrow's NR is perceived.