Avita Medical Ltd (RCEL)

[jugs]

Well, it's a new day and as things move swiftly I don't want to lose sight of smart buy-points when it comes to RCEL.

So, I just picked up 200 shares of RCEL at $5.65.

Current order:

To buy---300 shares at $5.60.

Nobody knows where this is going but I've got to be an aggressive buyer so long as my portfolio holding of RCEL is underwater. If my above order fills I'll bid for another 200-500 shares. The worst that might happen is that my cost average will drop. That's hardly a big problem, right? lol

These troubled days will vanish, it's just a matter of time. As for what I figure is really going on? I sense people are having issues with leadership. It's hard to make decisive moves when we're afraid to commit money without at least something to hang onto that will have us feeling at least somewhat more secure.

And this should explain why I'm buying in smaller than usual tranches. While I'm not feeling financially pressured, nobody wants to make stupid, cavalier moves that will eventually bite you in the butt. So I'm exercising reasonable caution.

Anybody else daring to to look the tiger in the eye?