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Everything looks great for a breakout!! Charts, RSI, Accumulation line, not to mention Avstar's business plan, pending DOT and CUBA approvals, Berry alliance details and failure of the larger carriers.
This week will likely be your last chance to get in below .0040, if news hits forget it!! Your chance will be history, we will fly!!
AAVG
AAVG..5 months UPWARD Trend..up again today.
All one would have to do is look at the charts.....an UPTREND for 5 months!! Don't have to be a stellar investor to figure this one out!! Where's the downside of AAVG?
I still beleieve CUBA will be anyday, DOT was obviously delay due to the excessive flight violation, but still could be seeing the Show Cause Order any day.
I am of the opinion, the higher we can drive the pps now and create a new base before news, the better position we will be in when anyone one of the news items comes...ie; CUBA, DOT or Barry details. IMO
AAVG
First chance I've had to check today, very nice! Imagine where we would be with a little more buy volume!! I'd say .0040's is very much in reach this week!!!
GO AAVG
Very, very close today to breaking through .0032's....lets see what happens tomorrow!!!
Thats the way, .0030's bought out...0032's are up and thin, where will we close today????
Thats great exposure and true!!
Need to get that statement out on the boards to spark interest!!
Go AAVG
They have this in the position now to take AAVG back into the .0020's and will with the lack of buy volume....
They want to rebuild the ASK at .0032 because it was very thin and ready to pop to .0035!!
Only about $3K showing up through .0044...
Calling the TLOAI !!!!!
Come'on Jeff, cough up the $1600. and take out the .0032's ..lol
AAVG closing in on .0035...ask is super thin!!
I see NITE and AUTO put up their fake asks @ .0035
A few more buys and we could easily be sitting at or close to .0035, I think the ASK gets thinner as we move north.
Thats fine, I was only commenting on the signal. I think the MM's warn others that a large sell order is coming through.. Everbody has the right to sell when they want, all it means is someone else is holding those shares now...
AAVG
I've said before that two or three consecutive small 5K whacks is a signal to other MM's that a large sale/whack will be going through. Today once again proves this. Two small 5K whacks, followed a few minutes later by a 430K and a 150K whack. I have kept track on this and other stocks. This is the 10th time since I've been keeping track it's happened here. I think that pretty much confirms my thought....
Something for everyone to watch for. I've been told MM's very seldom work in conjunction with each other, I say "bull" to that. IMO
AAVG
Investors wake up slower on Mondays...lol
The delay from DOT has been explained on here many times and also in a release from AAVG. DOT should be moving forward and news is expected soon.
Lets shoot for a new base of .0040 this week, keep working our way up to the true value of AAVG and put us in a good position for news!
Avstar Oil and Gas Interests....
As of February 20, 2009, Pangea Petroleum Corp. was acquired by Avstar Aviation, in a reverse merger transaction. Pangea Petroleum Corporation, an independent energy company, focuses on exploration and development of oil and natural gas reserves in the onshore United States primarily on the Gulf Coast. The company has property interests in Colorado County, Henderson County, Brazoria County in Texas; Clay, Effingham, Shelby, Fayette, and Cumberland Counties in Illinois; Stueben County in New York; and Mississippi. Pangea Petroleum Corporation, formerly known as Zip Top, Inc., was founded in 1997 and is based in Houston, Texas.
(Some of these interests are desigated as Hydrofracking Gas Exploration Sites).
Exactually, thats the really good thing about AAVG over most other sub-pennies, even if for some reason no approvals came, we should still be trading IMO about .0050-.0070. With any improvement or new ventures, that goes to .01+. People seem to forget about the aircraft servicing component of the company and other things AAVG have their hands into.
I say with DOT and Cuba we should be around .015-.02, add anything to do with Berry short of a takeover or merger and it's .025+.
BTW..I have a new investor coming on board later this week, will be starting out with about 1+ mil shares.
In my research on the DOT Commuter Carrier approval this would be my take on the question. Because DOT deals with the business and operational aspects of the Commuter Carrier rules/approval, I'd say that even if planes are leased from Barry, or anyone else with DOT approval, AAVG would still need the approval. The DOT is concerned with the general health of the company, their ability to operationally and financially provide the additional flights safely on a regularly scheduled basis. Air worthiness falls under the FAA. So, if AAVG is using Barry's planes under the AAVG name, AAVG still needs DOT approval in my opinion. Many airlines lease planes from other airlines who may have a surplus or when they are not in use, but you still buy the ticket and have a pilot from the original airline.
Sorry, wasn't near a computer after 2PM this afternoon...
400K bid just went up @ .0029, Ask is now @ .0032...
Have the feeling we will see another good day here at AAVG!!
This is primed for a breakout more than it's ever been!! Chart is spectacular!! Clear out those .0032's!!
Can you say "pressure cooker"
GO AAVG
Actually, thats the first think that I thought!!
Either ETMM is blocking now or someone just posted a big sell order, ETMM just added 1 mil to the ask...
Talk is cheap...tell them to buy..lol
I haven't seen flipping going on here in quite a while. No one in their right mind would flip with the low volume this has been seeing, if so, they better go back to "Flipping 101".LOL
All I've seen lately is MM games and a few people selling into the bid and a few more out on the ask. We will be hitting those sells consistently, always do.
NITE just reduced the .0031 ask to 800K from 1.2mil.
AAVG...0024 to .0032 in a week, ready to breakout..check the chart.
AAVG...getting ready to breakout
Looks like NITE has been acting as the "axe" for the last few days, controlling the trading and PPS.
IMO...if we break past .0031, .0040 will come fairly easily. Other than a few people taking some profit or recovering investment, there won't be much resistance.
DOT put everything on hold during the Overflight Violation investigation/settlement negotiations, now thats settled, so we move on. That December/Jan chance of approval went out the window, but PER AAVG, we now can move on with approval.
CUBA (Per AAVG and OFAC is in the final stages of approval.
They are working out logistics of the Berry alliance, per AAVG.
We heard from the company on these issues about three weeks ago, what more can we ask for at this time.
We know they are making flights, we know their servicing divison of Avstar is operational, we know they are profitable. We are just awaiting on those government agencies, something which they have no control over at this moment.
Damn, I tried a last minute buy to bring this back to .0030 but it didn't make it through before the close. We got whacked, they filled the 300K bid @.0029.