Avecho Biotechnology Ord Shs V.AVE

RE:RE:RE:Get me reasons why this stocks suddently is no good..

[rusty777]

Well - I am not sure that it is as you "garbage", but I do agree that it doesn't seem to matter how much they make - they seem to consistently have more going out than coming in.  This, may in fact be intentional as it depends on what your priorities are - if one of your priorities is to maximize employee and management income and benefits then that has to be done at the expense of the shareholder - its hard to maximize shareholder value and, at the same time provide exceptional wages etc.

Many of the juniors (and larger firms too for that matter) look at shareholders as necessary vermin - to be acknowleged only when an influx of capital is needed - otherwise largely ignored.  The fact that there has not been a  great deal of insider activity is somewhat worrisome and usually indicates an unwillingness to buy and/or not having any shares to sell - either way - there is no real vested interest in the performance of the stock.

I am afraid I bought a whack in the 0.60 range which clearly was a mistake - do I think it will go there again - probably - and I will get out then - do I think they will have more cash flow - absolutely - the entire oil patch and related indiustries are becomming more and more active with the increase in price of oil.  Do I think there will be a corresponding increase in share value - no - they have already demonstrated that even with a strong quarter they will still spend significantly more than they will earn and I see no indication that will change anytime soon.

They will, however, continue to have a happy and well remunerated work force and management team.

Cheers

Rusty