Avita Medical Ltd (RCEL)

[jugs]

For the traders/investors (longs) among us---

My brokerage account is showing a fill for 85 shares of RCEL at $24.20.

I'm surprised yet the fact that I'm surprised tells me I'm not seeing and understanding FULLY the dark cloud above us. To wit:

We have no way to assess opportunity based on patterned behaviors.


For an investor, this is the worst that could be.

That said, I just placed a very cautious bid to acquire 50 shares of RCEL at $23.35.

I know, it's an incredibly dumb price that will never show up on anybody's radar. But you know something? If we don't step outside the box, we may not survive. Worse is that this is a time demanding that we not only step out of the box, but we need to get out of our own way or possibly perish.

So, then.....my buys are now being limited to a mere 50 shares per order. Further, they embrace bottom fishing tactics like never before.

Don't get me wrong---I don't want the order to fill as I'm a dedicated long here. But I dare not allow myself to be so naive as to entertain the thought that our beleaguered shares will benefit from a knight in shining armor any time soon. No reprieves in sight that I can see will deliver us from this downward spiral we're presently suffering.

More as the day progresses. I hope we longs come out of this ok.

Here to help if I can,

Len/Jugs