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Yes, I am but sold 85% of my position at .06 after buying up to .11. Did not learn until too late that the plane will not fly and can not be certified on this planet. For those reasons and others I do not have much confidence that a deal will be made with Thrush.
My guess is the same place your money will go if the deal goes POOF!
Great! a twin engine single prop, but oops there goes the fuel savings. I wonder where the 2nd engine would go anyway? Actually that option has never been part of this imbecilic design. Why would anyone invest in a plane that can not be certified anywhere? Face it, the Thrush deal is the only hope for this company. If it fails to come about then you had better check the price for scrap aluminum to figure out how much your shares are worth, that is if the company even owns the aircraft scraps they claim to have.
"a real business plan"? Where can we get a copy of it?
882,618 shs traded on the bid vs. 3750 shs traded on the ask.
Obviously some massive support below .024 or we would be below .01. Question is: is the support real or is it a rug that will be pulled out from under us? Last 2 trades were two on the bid for 137,500 (275,000) total.
Yup, not a good sign.
And they are?
No, I lost money too. I'm thinking it is a bad time to make risky investments
Perhaps because of the drop in price or the lack of any news by our CEO? Just a wild guess.
My thoughts exactly. Year low in IAHL today, the beginning of the end? The stars are aligning against us. The year of the Rat. Earthquakes, erupting volcanos, fire and brimstone, all around us. Read the news! The economy on the edge of collapse, banking firms failing and energy prices thru the roof.
Airlines failing, the housing industry and equity disappearing. Unemployment rising, the trade deficet up and consumer confidence down. A pack of inept liars running for our nations highest office, a lingering war that cost us over a TRILLION $$.
A good time to invest in a penny stock? Money would better be spent on a lottery ticket or a vacation in Vegas. But don't let my words persuade you to sell, in fact keep right on buying on these mega dips. I'm sure those pushing this dog need your hard earned cash.
I think there will be some type of fluff piece out soon to try to prop, (no pun intended) up the price. I fear the motive may be to dump shares however. Not sure if the deal is dead yet but the banks are not loaning money for things that are not as close as you can get to a sure thing.
Yup kinda reminds ya of stocks like CJGH and SMEV huh?
Note that when the buy volume almost is up to even with sell volume the price does not advance. Very clear sign of dumping of large blocks of shares. This cost me a few bucks to figure out why. Watch as the buy volume continues to climb and the price still falls. The shorts are making a killing. Blood in the streets but no end in sight!! But, are the shorts to blame for todays price? I think not. 500k dump! Get the hell out and stay out. In 30 days IAHL will join the 000 club! Every time it will look like the thing has hit bottom they will dump another shxx load and the price will fall farther down the crapper.
Well if they are not buying here then I guess the deal fell thru.
Hearing? from who, what or where?
Always been a fan of horror shows and just can't wait to see how this one ends.
The Market cap is just $77k at the closing ask. I think they were trying to unload those shares for quite some time and just decided to take whatever they could get which was not much. The million share trade netted just $800 less selling costs! Every time it has looked like this stock found a bottom and tried to rally it has been beaten down on several occasions when the buys far outnumbered the sells. They kept lowering the ask trying to get takers when there just has not been enough of them and thus we have this stock offered now at .0009. Now that's a FIRE SALE!
Buying? What Buying? Nearly all sells, bid has been as low as .0007. Why anyone would sell at that level is kinda nuts. Even if the company was bankrupt, and they may be by the looks of the share price, the shell should be worth more than that.
I agree at the price is extremely cheap but do not see any gap at .60. There is one around .11. Around what date to you see a gap at .60?
A PR would cost them money they do not want to spend.
Like I said, give it a week or so and put in your buy around .05, if deal falls thru then .02 is a sure thing.
Good luck, but just remember that talk is cheap.
My guess is we will soon be at .05 again. Several days of bumping but not clearing .08 makes the gap below at .05 likely to be soon filled. Probably time to test that lower BB 20 at .045. JMO
I thought we had back at .02. At the current price the whole company is worth like $200k. Maybe we need another r/s. Im down 99.5% on the first shares I bought. Hard to figure out why it is so low. I still think it is manipulation by the MM's. It will be interesting to see what happens if we get a few days with several million shares being taken at the ask. It would not take much money to do so but with the price what it is you have to wonder. The price is about the cost of an empty shell now so it should be a buy but those of us that have bought all the way down are too "shell shocked" to buy more (pun intended).
I would be surprised if the bargain hunters do not step in here soon. I am tempted to pickup another 100k shares for under $300 because I think that will happen but this has seemingly become a bottomless pit. I have once again recalculated the estimated market cap posted at the top of the Ibox.
I think both Hillary and Obama should be face down all the time to present their best side to the public for all to see.
This press release should make SMEV stock soar to new heights, perhaps even to .0045?
Support looks firm at .11 with 7 MM's on the bid and another 4 at .10. Usually a good sign that a bottom forming. Still nothing on the chart to indicate that but if they can not drive the price lower the shorts will start to take profits soon.
Must be about time for another reverse split. 1 for 10 or should they go all out and do a 1 for 100? I made a final update on the market cap until be get back to .02 or better.
Anyone care to guess where the bottom might be on this stock? I would take it that the market cap is now around $3.5 million. Gotta wonder how many steel balls that is worth.
Better not wait, MM's are going to cover their shorts.
Yup, those amazing men and their frying machines
Why is that bad?
Guess you havnt noticed it has already broken below the BB
CJGH? I don't think they ever have. They did however reduce the o/s by 20 million.
Eeeks, guess it takes steel balls to hold this stock! I wonder if even steel balls can get crushed? Hey where is our old friend King Kong now?
.19 Low! Bottom? Might be if that doji holds up
.046 X.048, MM's trying to stall the plane. And just after that buy of 55k they drop the ask and bid. What a racket they have!
Must have been this:
Avitar's Oral Testing Technology a Hit in Construction Industry
ORALscreen(R) Workplace Drug Testing Meets Critical Industry Safety Need
CANTON, Mass., Mar 12, 2008 (BUSINESS WIRE) -- Avitar Inc. ("AVTI") (OTCBB:AVTI), manufacturers of nationally branded oral fluid testing diagnostic devices and customized polyurethane applications used in wound dressings, announced today that the Company's ORALscreen rapid test for drugs-of-abuse are being piloted and moving towards nationwide deployment at two of the largest construction firms in the United States.
Peter Phildius, Avitar's Chairman and CEO said, "The construction industry represents a significant business opportunity for Avitar, a revenue potential of $1M over the next year. Industry leaders are now moving to incorporate Avitar's on-site oral fluid technology for random drug testing, as well as pre-employment, post-accident, and reasonable suspicion applications, previously done with traditional urine testing. We have also expanded our client list of small to medium-sized contractors and continue to develop a solid understanding of the needs of the construction sector, where we believe our integrated drug-free workplace solutions offer true value."
Avitar has been focusing on meeting construction safety requirements for the past two years, and also continues to make progress educating and gaining approvals from multiple union locals, including Carpenters, Ironworkers, Steelworkers, IBEW, as well as the Longshoremen's Union where Avitar products are being used at several seaports. Additionally, State Governments are recognizing the value of oral fluid to the construction sector. For example, the States of Hawaii and Georgia recently passed legislation providing Worker's Compensation premium discounts for the use of on-site oral fluid devices. In Hawaii, the Carpenters Union spearheaded the change.
up 150% now that's smokin hot!!
New form 8-K Filed March 8, 2008 explaining details of a $310,000 private placement.
I understand that the value of the shares traded is small but do not agree that the charts have any less value with 200k shares traded than they do with a million. Charts are never fool proof but more often than not they offer good insight of things to come; on that basis I will stick with the odds and say that a turn to the upside is in the cards. Of course if we are soon sub-penny I may have to reevaluate that opinion.