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I agree it was a combination of the PR plus a lot of speculation that pushed that last run.
thanks sendo.
For crying out loud guy, you don't need to keep repeating yourself. I was asking if there was a PR released stating the company was bought out and by whom. As I stated twice now, I have already read the shoe PR. Researching a company is part of DD.
I think it is a legitimate question and concern when you find it listed on Yahoo! Biz that the company is in the medical sector and not clothing sector.
http://biz.yahoo.com/ic/45/45922.html
You are reading too much into my questions, settle down a bit.
My reply was to sendo who said "the company was bought and new line of business started". I was asking if there was a PR mentioning they were bought out, I already know about the Johnny Famous Shoe PR you are talking about.
I don't see that listed in the iBox, could not find any PR's that mention they were bought out and started a new business line. If you find a link please post it, thanks!
Some AVTI DD...
Avitar, Inc is listed as a Medical Appliances & Equipment company, I don't see a connection to Johnny Famous Shoes other than the PR from 06/29/2010. Maybe someone should call the CEO and find out if they are connected to Johnny Famous Shoes? Or at least ask him to correct the typo in the PR for clarification.
http://biz.yahoo.com/ic/45/45922.html
AVTI Contact Information
President, CEO, Treasurer, Secretary, and Director: Cory H. Gelmon
Address: 65 Dan Rd.
Canton, MA 02021
Phone: 781-821-2440
Fax: 781-821-4458
Bing Maps Bird's Eye
Also, here is the registrant info for johnnyfamousshoes.com probably hired to create the site.
Ely Soledad
4 Mowry St, 2nd floor
Providence, RI 02908
Phone: 646-221-1712
Email: soledad337@gmail.com
Bing Maps Bird's Eye
The name Johnnie's Famous Shoes would be too close to Johnny Famous Shoes and would be open for a copyright infringement law suite. It was an obvious typo by whoever was hired to write the PR. Don't read too much into it, typo plain and simple, see it all the time hiring office temp's. Kind of like McDowell's in the movie Coming to America getting sued by McDonald's LOL.
Is there any hope here for this stock? Looking like a full bag and no hope in sight here. Anyone have thoughts on this? Hold or Sell?
Correct, and do not forget EVXA has no business operations, it is all speculation, they hold technology patents, but no money to implement their ideas. Hurricanes and Oil Spills mean nothing to EVXA because they do not have the ability to clean anything right now, and therefore no ability to make money. Everything hinges on "if" they get funding or "if" they get contracts, it's all very speculative right now.
Yes I have seen that email posted before also.
Forming a possible reversal candle on the 15 day moving average. I have seen a Spinning Top, Doji and Hammer from during intraday trading. EOD and tomorrow should confirm if we are holding support and starting a bounce or just breaking thru another level of previous support and continuing to pull back to previous bottom levels.
Today may be the bottom, HOWEVER be cautious and keep an eye on Full STO these lines have not crossed yet which indicates continued downward movement. Be careful if buying today, however looking at Level II a buy between 0.0014 and 0.0015 should easily get filled.
GLTA
We probably have some further downward momentum left. Probably going to see 0.0009 - 0.0013 area yet. EOD and tomorrow will confirm for sure. Its getting close to bottom but not quite there yet. I might reload between 0.0009 and 0.0011 areas and wait for the bounce.
Nope, was going to sell at 0.0065 as I said back in June, the zeros are correct. EVXA has been dying a slow death since then.
Oh, why do you want me to delete your posts?
Thats what stopped me from selling @ 0.0065 then I watched the PPS drop from 0.0065 down to 0.0038, from 0.0038 down to 0.0029, and from 0.0029 to 0.0016. The reality of it all is the stock is not going anywhere but down, and will likely continue down until it gets back into triple zero range where it bottomed the last 2 times. UNLESS OF COURSE we get that fabled PR that everyone keeps talking about and hoping for.
Why watch it continue to go down? Might as well get out now and reload later at a much lower price where you can double or triple your share count. For example if you sold 100,000 shares at 0.0016 you could buy back 160,000 shares when the price drops to 0.0010. That's a 60% gain in share count, a no brainier here.
GLTA
According to their last financial report that was released March 31, 2010 they had a loss of (69,834) first quarter 2010 and a loss of (168,176) for 2009. I don't expect to see anything positive in the next earnings statement.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=32286
The only thing that could bring this back is a massive PR such as they have funding or a contract. Other that that it is on life support unfortunately. The company will not answer investor emails or phone calls and everything is ignored indicating this is most like a shell company with no real substance. A lot of "we got the tech" but never a contract and no revenue means the PPS will continue to drop lower and lower. We all got suckered on this one I am afraid, the oil spill hype is over.
I updated the chart in the sticky post with key support levels you can watch for, seems right now it is testing on the .0015, breaking and closing below that today would signal a drop to the next lower support level IMO.
I am holding, would be crazy to sell into weakness, news yesterday was very encouraging. I will check technicals after close hopefully it will give a better idea of what to expect for Monday.
let's hope so I would like to see a better close than 14 that's for sure.
Looks like you were spot on, good call person mark for you. :P
I agree, tomorrow should be pretty huge, I expect to see big gains.
Thanks, yes you are correct if the support line on .0019 fails tomorrow or next day this will continue going south and you can expect to see low .001's next up. I have been trying to warn everyone here, so please everyone I am only trying be be informative it is my opinion and as such you can ignore me if you like, no need to throw insults.
Please understand that I am no longer in this stock and have no agenda here. At this point I am only trying to help and I wish everyone would have a huge green day with huge gains, but sadly I do not see that happening any time soon.
The company is completely silent, and will not respond to any inquiries whatsoever. That alone tells me something is not right. Many of you have a strong emotional tie to the stock as I did as well. Sometimes you have to take 2 steps back in order to see the bigger picture. If I would of held my shares I would have much less today that is for sure. And considering the current state of the stock if this continues down to .0010 it would be much, much less.
That being said, I finally removed my emotional tie to the stock I was able to realize the stock is not going anywhere but down unless there is a major PR like they have a contract and are actually going to do some work. As most of the alerts we seen they have no business operations, and basically we have been dealing with a shell company. In my opinion, it is better to cut your losses and make what money you have left work for you instead of working against you.
Good luck to everyone, I will continue to monitor the board and help when I can. Yes charts and TA do matter. They work just as well when the stock is going up as it does when the stock is going down. From what the charts are showing there is no light at the end of the tunnel anytime soon.
HOWEVER I hope that I am 110% wrong and a huge PR comes out and you all tell me I told you so! Got my fingers crossed for you all.
GLTA
I have left messages, sent emails, as many others on the board have, no response, no reply. :(
you can buy the shoes from the website I may just get me a pair!
I agree with you POWER HOUR should be huge!!!
Did you just say DIME? Hold on I need to change my shorts now LOL. That would be a HUGE run, anything is possible.
He's just mad he sold yesterday and missed the run today, not a very "wise" move LOL. We may not see a penny today, but definitely will see a penny soon, this run will be huge.
Looks like PENNYLAND EXPRESS to me ...
I agree, 90 million shares the first hour of trading means today is going to be VERY strong, look for the 3's be EOD, GLTA!!!
I agree, I would not be surprised to see this close in the 3's today, we will be seeing a penny or more very soon, no doubt after the news today, the stock is VERY undervalued right now.
I said Amateur Hour not Comedy Hour LOL, but as your signature says, that was entertaining :P GLTY
Amateur Hour is over now the fun begins! GLTA
They have classes on reading charts on stockcharts.com take some time and learn how to read charts you will find it helpful in your next investment.
http://stockcharts.com/school/doku.php?id=chart_school
Also realize also that news like this trumps charts all the time. They call it AMATEUR HOUR for a reason my friend. This going to a PENNY is just around the corner.
GLTY
It's just getting started, this news is HUGE!!!
Remember this from just last week?
Ludlow Capital Issues Research Opinion on Avitar, Inc.
NEW YORK--Ludlow Capital issues research opinion on Avitar, Inc. (OTC:AVTI), a holding company focused on investments in joint venture projects, with a valuation price target of $0.01 to $0.015 per share.
http://www.wallstreetnewscast.com/news/2010/july/avti.html
This stock is headed to penny land now, very soon!!!
GLTA
I guess thats why the call it AMATEUR HOUR!!! GLTY
Probably cut and pasted from the first not uncommon.