I am long AVNR and am disapointed with the share price. I have known Thomas Wei at Jefferies for awhile, and I believe him to be as honest and knowledgeable as any other sell-side analyst I have spoken with. I happen to disagree with Thomas here, but that makes a market.
Not sure where you are in, but the market opens fresh every day. So, if Thomas is correct than a 12 month price target of $3 begets a 62% 12 month return from here.
As far as Carol at SS-well, again she is very smart-but an $11 price target from here? From her lips to Gods ears.
Avnr is not going away, and I continue to pick away.
Long AVNR, JEF, and JEF debt, and not doing too bad, because when you buy is as important as what you buy.