InvestorsHub Logo
Followers 133
Posts 17904
Boards Moderated 9
Alias Born 05/28/2009

Re: SPORTSPROPHET post# 5902

Wednesday, 03/05/2014 3:33:06 PM

Wednesday, March 05, 2014 3:33:06 PM

Post# of 6280
AVNR is still way undervalued. That bogus Seeking Alpha article last September took it from $6 way down, but in time everyone realized it was a scam bogus report designed to allow some hucksters to prophet from the panic generated by the bogus article. And, it became clear there was no legitimate research firm by that name, and that the entity which released the SA article was formed just weeks before with an IT address in Europe, and a stated physical office in Panama which never existed

Hard to believe that some crooks were able to fraudulently manipulate AVNR shares like that, and that so many investors were so gullible. And, that downdraft allowed a bunch of the shorted shares to bail out of a very catastrophic situation.

But I was never worried as all of the legitimate US firms maintained their price targets in the $7 - $13 range.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.