Avvaa World Health Care Products Inc (AVVH)

[stocksmanjr]

16 million bought @ 0003($4800) between May 19 and May 23 plus another 25 million @ 0002 ($5000) in the same short period. Add the 31 million traded between Feb 27 and May 19 average @ 00015 ($4600). That totals 72 million ($15,000) traded this year. Obviously AVVH goes up easily on little volume which illustrates very well how tight the float is: The available float is most likely somewhere around 500 million or very possibly much less. (More than half of the float is owned by former management and sale of those 600 million shares are very restricted). Plus all this recent activity has come with absolutely no news. There must be a reason for the recent activity - why else would anyone invest that much money on a stock that has been dead for 2 years? Perhaps it was a buying test? someone loading for a p+d? Could be very interesting the next time the volume spikes...