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Re: Fmello post# 6326

Thursday, 08/27/2020 1:24:25 PM

Thursday, August 27, 2020 1:24:25 PM

Post# of 7490
Yes, several items of note:

1. The Q #s are about to come out. However, included is the fact that the past Q is a record-breaker, and not the more usual record-braker. lol

2. BAC has posted their target valuation of $42.

3. Oppenheimer has pointed to their target valuation of $45.

4. Adding all this up, on sum it's looking to me like the investment community is finally realizing that the reverse split DID make at least some sense despite protestations to the contrary by uncomfortable shareholders.

What this tells me is that folks with money on the sidelines are lining up in anticipation of that juicy pot at the end of BAC's and Oppenheimer's rainbow projections.

At the same time, I'll caution against going nuts now, committed as I am to Avita. A severe pullback might occur next week having nothing to do with the official quarterly release. Rather, it's just how a lot of day traders and swing traders play the game of momentum.

Best of good fortune to you!
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