GREY:AVGCF - Post by User
Comment by
AdamJTon Mar 30, 2012 11:08am
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RE: Next Week Will
RE: Next Week Will Doubt the big boys will bail because of trailing earnings given the fact that production is going to expand. They have longer timeframes plus understand the process. Their major concern is the political issue and interuption to cash flow plus expansion. If anything a miss will give the shorts an opportunity to drive it down. Given the fact that the day when nearly 30 million shares across all exchanges changed hands didn't show any major insider selling should indicate to most reasonable people that large investors don't make decisions based on emotion or one variable.
Also, most large institutions see POG being higher end of year and start of next meaning expanding cash flow. Main issues now are political and operational within the political changes.