Recap of this weekend's melodrama Prologue - Global markets get roiled the last 2 days of last week. Avigilon dips and recovers on Thursday, but has a 5% setback on Friday.
1) Someone, who's never posted to the AVO board, posts information about a research report that's supposedly damning for Avigilon, supposedly available for RBC investors and claims this must be the cause of Friday's dip, but fails to produce the report when asked about it, which also can't be found by anyone else with an RBC account.
2) You would guess that would end the discussion on the sunbject, but of course it doesn't.
3) Someone else, who's also never posted to the AVO board, then comes along swearing they've seen this alledged report, but when asked for proof, can't provide any under the guise that, well, it wouldn't be proper to provide it because that's what it says at the top of the report, and gets all defensive and virginal about it, but still goes on trying to convince others about it.
4) Again, you would think that would end the discussion, but it lingers on a bit longer.
AND THEN, you have Fidelity Investments who's invested over $20M in Avigilon to acquire 1.97% of Avigilon stock since the last earnings report and who anyone who can lookup Avigilon's under profile on Morningstar, [url=https://quote.morningstar.ca/Quicktakes/Owners/OwnersOverview.aspx?t=AVO®ion=CAN&culture=en-CA]by going to the Shareholders tab and looking up the information under the Institutions tab.[/url]
Who to believe? Some anonymous posters who can't prove what they claim when called on it, or a reputable firm like Fidelity Investments who's been successfuly investing globaly fordecades?
I have to admit that's a VERY tough decision.