GREY:AVNDF - Post by User
Comment by
billfox54on Oct 23, 2012 2:24pm
268 Views
Post# 20514781
RE: been watching the market depth...
RE: been watching the market depth... I wouldn't give any stock more than a 5% premium for the hope that it might get bought out. Too intangible. Instead, I'm just taking the company statement as a murky kind of guidance, that the company's prospects are ok. It's not surprising that some investors would sell it off after the nice rally it's had. I still think it's worth at least in the mid $4 range without any spectacular growth news, but we'll know better when earnings come out. This could have a great deal of upside, and is my second favourite story, after Mart Resources. Good Luck