Avita Medical Ltd (RCEL)

[miketrav69]

Anyone can post anonymously on a message forum over the last six months and tout there gains and how smart they are. Most people have delusions of grandeur on message boards. And really nothing can be verified. With me you can at least look back five years and when everybody was talking about how this company wasn’t going anywhere I was talking about FDA approval and getting listed on the NASDAQ. But even so I was still never emotionally attached to the stock. Avita medical could go to zero pretty easy but I don’t think it will, I think it’s going to be $12 by the end of the year or by spring. But this stock is one bad PR from dropping 50% in in a day and I’ve seen it happen 1 million times in my 25 years of trading. the one thing I’ve learned is be very suspicious of people touting their gains and how much money they are making. People who really make that kind of money on stocks don’t really brag about it. I mean you can look at my post going back five years clearly I made a ton of money here .I was the first person on this forum posting or at least one of the first 6 years Ago. but you’re not going to find very many post of me bragging about gains. Somebody has to call out the bs. Avita was due for a major dump and anybody who did not see that last week regardless of the dillution is not a good investor and that’s a fact folks. It’s literally classic technical analysis you would learn first day of trading school. Stock is up 800% lol. Maybe I should keep buying LOL. So to all the newbies just be very suspicious of what you read. That’s why I try to keep it simple for newbies with every pump there’s a dump. So when people are telling you how much they’re buying on a pump that means you sell LOL. many times when people post how much they are buying on the message board it’s because they’re trying to manipulate the price out of desperation.