We live in a society where people will manipulate, lie, cheat, or steal for personal gain without reservation. That includes various types in the financial arena. I have been involved with AVD for 15 years and they are as reputable and honest as they come. Eric would never give that outlook without believing it 100% and he knows this industry inside and out. There is some manipulation going on that will run its course in due time. I am adding aggressively knowing that when that ends this takes off.
I am wondering if this crazy price action after both of the last two earnings reports is related to hedging in short funds that hold R2K stocks. I looked at the list of gainers and losers on the R2K stocks today and most of the big losers had just reported lousy earnings or other issues. Not the case with AVD. The price action looks very similar to last earnings report. I am expectin higher prices shortly, but I have been wrong before. Still, the R2K stocks have had bigger gains that other indexes this year and could be expected to correct more I suppose.