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Alias Born | 07/06/2014 |
Saturday, April 02, 2016 7:08:25 AM
Due to LACK of news, meaning one can never tell for sure what will happen as sure as this deal seemed to be going through just a few short months ago, I am now in the seller camp and will start selling if it continues to creep up, starting at around 35 cents. I have learned, you can't lose taking a profit, or at least, your losses will be less.
But to your point, somehow the stock is being supported, albeit with a weak bid, but the ask has clearly disappeared. So, no selling, and scant buying, but, if the deal gets announced, that will change immediately and there should be heavy buying and heavy selling, expectantly at higher prices. I'd still like to see a buck, but I'd be content with 50 to 75 cents. Problem is we just have absolutely no idea what the financing of the deal will be and how much AVLP shareholders will be rewarded. Who knows, they may even fix a price for shareholders where free market trading swings is limited, or, speculation runs wild on the potential after the announcement and this trades all over the place, I have just no idea, and while that is a bit disconcerting, it adds a bit of excitement to the pot as well.
good luck mon!
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