Support ? at $15.42ishI agree jumbo about the suipport level, but the maybe reason for the excessive drop was a wrong call by analysts. As Telfser on BNN mentioned about AVO...valuation. Analysts etc. over-valued AVO & before the mkt correction/month end/free up cash... decided to take action. The CFO leaving before earnings came out was not a warning about a bad Q, as results were good, but just an excuse/cover story for a bad call by analysts. They got it wrong.
Then some technical/day traders exacerbated/exploited the problem. AVO isn't the first co. nor will itg be the last one to suffer so. Also you have some mkts setting daily new highs which is froth setting us up for a mkt correction maybe in June.
Hopefully AVO will be the exception to the rule when the correction happens & buck the trend upwards.
A little more pain yet I fear.
carlos