Patience One of my brokers originally got me involved in the stock. My first purchase was 5000 shares. Avigilon went down in price and I started do research on the company. I then started buying shares in my online accounts over the year on dips. Presently I own over 100,000 shares. I am in for the long run. The share price seems to be controlled by one group with over 2,000,000 shorts. I assume there average is in the mid $20.00. I assume there strategy is to scare investors to sell their positions and buy back at lower prices.
They keep surprising me and seem to have a lot of strength. I think they are wrong with a target price of $13.00. At this time every time the stock goes down I bye a little more. I have done a lot of research on Avigilon. The price is going higher. I still feel by the end of year we should be close to $30. If I have to wait 6 more months I am patient.
My broker on the first 5000 purchase just called me and said maybe we should sell. I asked him why? Between the lines he was upset because he does not make any money holding the stock. That is the only reasons why he said sell. I guess the strategy by the shorting group works with some but will never work we me.
Every time I do more research on Avigilon I am impressed. My favorite posts are clowns telling stories about management and predicting lower prices. I guess lower prices would allow me to buy more cheap stock and company to have a low price on the buy back. However I feel we are in for a slow climb and shorts cannot short forever.