Avita Medical Ltd (RCEL)

[jugs]

I appreciate your looking in, John.

Next week has me in a bit of a struggle. Reverses always bring confusion and uncertainty to the table. These plus the ravaging Covid-19 pandemic resuming full stride this week plus market-wide response to these pressures have me unwilling to shoot my wad. I have added mercilessly this week and today in particular. I may rue having done that but I don't allow myself the space to regret my moves made within the bounds of free choice. Also, when I can pick up shares on the extreme cheap, I've got to do it or become my own fool.

I have a hunch things will be all over the place early next week but start to find a bottom before Friday of next week. All bets are off if Avita makes some sort of announcement indicating forward progress destined to enhance our share value. That would be fantastic but I'm not counting on it.

I've been encouraging friends and followers to play for cheap shares &
not lose sight of one thing in particular:

No matter how long the market overreacts to external pressures as above, this market is controlled by human emotion and sentiment and memory. As we ease on down the road people will forget today and this week and will yearn for a return to "normal." It's human nature and while understandable it lacks the maturity to embrace a new normal. Life owes me nothing! And that means I expect no miracles.

So that's what has had me in buying mode this week. I doubt I'll lament my actions.

Next week should start to level out. It may not unwind this week's losses but the week will unfold and we will continue living, God willing.