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.
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.
With all the AVTI Short Interest on Friday I would not be suprised to see a short squeeze also as the price starts to go up with the anticipation building over the next few weeks. The pps should run up fast thats for sure. Thanks posting the facts, I always appreciate your posts, you are a straight shooter!
I like those shoes too, Johnny Famous Shoes also come to mind :P
LOL way to keep the dream alive, I won't hold my breath tho!
Since you brought up Gelmon, looks like he has was largely responsible for growing the Domino's chain to 200 stores located in every region of Canada while he was the COO for Domino's Pizza of Candada Ltd. From what I read the stores had a system wide sales of approximately CAD $80,000,000 per annum., thats no small feat. He seems to have been a very successful businessman, I am sure he will do the same for Avitar, Inc.
Good luck with that one, a wish that dreams are made of LOL. We tested support today i.e. painting 5 and support held. There is a difference between testing and breaking, today we tested, tomorrow we run. K is a good guy, I have read his posts before and he seems very knowledgable. Ultimately you have to do your own DD here, but it is very unliekly you will see anything lower that what we seen today that is almost certain.
I learn each day also and find great joy when I am able to help another individual learn something new, good luck to you, and glad I could help you learn something new today.
Not from what I can see only some indecision which is normal while waiting for the next PR to come out. It has strong support on .0006 it seems charts show we are ready to bounce.
The short sellers will be gone once the shoes hit the shelves by September and the price shoots to the moon. I am not worried, these guys will move on to the next stock soon enough.
As I stated in my previous post the short ratio (or short interest ratio) is usually the number of shares outstanding of a publicly traded company that are sold short, divided by the average daily trading volume (daily transaction). So 689k represents the total outstanding (sold short) shares / daily volume.
Reference URL:
http://en.wikipedia.org/wiki/Short_interest
I have no lessons to learn, I have been trading since the mid 90's and know what I know, and provide facts to back it up.
You have been given plenty of proof, no more is needed, this is ridiclous, stop it.
There it is as predictable as always, have to get that last WRONG word in. LOL
We are not going to juat TAKE YOUR WORD FOR IT everyone who has been doing this for a few years knows that you can short stocks, including penny stocks.
Give a rest now, I provided you with SEVERAL LINKS and you ignore them. The bottom line is I gave you information on this from several verifable sources such as wikipeda, firna and the SEC all showing that MMS short stocks.
Do yourself a favor, educate yourself and read those links I gave you. If you will not listen then I have nothing else to say because in your mind you "think" you are right.
Now go ahead and get that last word in, I am not listening.
EOM
I agree once this starts going up a few tics the short sellers will be the ones to panic and want to buy to cover their shorts, driving the price up further.
You don't give up do you? Always have to have that "last word" LOL even tho u are wrong. Read the current links from 2010 also you didn't even mention that one did you?
http://www.investimonials.com/forums/recommended-brokers-for-shorting-penny-stocks-yes-its-legal--a-good-niche-strategy.aspx
I am sure I will see another reply with meaningless information soon LOL
So why are you shorting this stock then? I don't understand you said you were a naked shorter.
He just gave you the link for Interactive Brokers, you can use them to short some penny stocks in the USA! LOL Read peoples posts before you reply to them.
Also did you read this one?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=19477672
Also read this post (yes read it first before you reply) it has several links that verify shorting penny stocks in the USA.
http://www.investimonials.com/forums/recommended-brokers-for-shorting-penny-stocks-yes-its-legal--a-good-niche-strategy.aspx
We went thru this yesterday, over and over again, your argument is based on "because I said so....", are we supposed to take your word for it? I don't think so. Provide some links or facts to back up your claims. Those who provide links and verifible material have all the proof needed.
Enough said here.
GLTA
We all know the facts here, this is short data, anyone who can read knows that LOL! Thus the battle continues between the longs and the short sellers (wink wink), thanks for your hard work as well.
As I said you need not reply, I disagree, and know you are wrong, no sense going back and forth here. It is short data, if you need to know more call John M. Gannon hes is the Sr. VP and can help you get your facts straight.
EOM
Please speak with Richard Ketchum or John Gannon at firna, yes it is short data. Both are great individuals and they can help you get your facts straight. Mr. Gannon is the Sr. Vice President for the Office of Investor Education, he can help point you in the right direction.
It is very clear this is short data, and it is clearly marked as such on the website:
Pursuant to a Securities and Exchange Commission request, FINRA has agreed to make reported short sale trade data publicly available.
As I said before, it doesn't get much clearer than that my friend!
http://regsho.finra.org/regsho-Index.html
You need not respond EOM.
Again, you are wrong, read the site, it is very clear, this is short data, confirm your facts with them first, thanks!
Nice try but it DOES represent short positions. Check the FIRNA site yourself and you will see the following statement:
Pursuant to a Securities and Exchange Commission request, FINRA has agreed to make reported short sale trade data publicly available.
It doesn't get much clearer than that my friend!
http://regsho.finra.org/regsho-Index.html
Possible short squeeze in play!
No wonder we are seeing so much negative activity on this board. This is good news because the shorters will have to cover and want out as the price continues to go up. This will drive the price even higher.
Date | Symbol | ShortVolume | TotalVolume | Market
20100825 | AVTI | 4564583 | 6500753 | O
No 0.0008-0.0010 soon according to charts.
We will never see 0.0004 support is strong @ 0.0006 never gonna happen. To me your chart appears to be wrong or misleading. I think that was pointed out yesterday by someone else on the board. You can find plenty of information on the web if you are interested in learning how to read charts, try stockcharts.com for starters great resource.
I am not sure what that picture was supposed to prove other than muddying the water. It obviously looks fake Photoshop or something like that. I could create the same thing using Trump Towers LOL. Put the address into bing maps and you will see 2 office complexes come up.
Cheers.
Support is strong @ 0.0006 ready to load some more before the breakout run. Consolidating nicely!
I agree low volume breakout is about to happen! Low volume is one of the key things to watch and is confirmation that preceeds a breakout. This stock has legs and is ready to run!
Several dozen would be 24+ not 2. As I mentioned before I cannot find any information that backs up that claim. At best I found those two which have nothing to do with AVTI. I have done plenty of research and from what I know AVTI is a winner. This stock and will run strong once the shoes hit the shelves by September. The technicals are also very strong on this stock, tomorrow should be confirmation of trend reversal we have strong support.
from what I see that is very doubtful, today would have been a good opportunity to buy, I don't see much lower, sould see .0008-.0010 very soon.
Agree 100%, support is holding strong and tomorrow will confirm trend reversal. Today would have been a great opportunity to buy, we head north from here.
This is a brand new company venture so so it is completely understandable there is no history...yet. The facts are they have a solid product line and a solid business plan in place.
You mentioned several dozen Gelmon companies, interestingly enough I cannot find any information that backs this up. Also I tried researching some of the other statements you made and strangely could not find much supporting evidence. I tend to do my own DD follow up and not just depend on board posts alone. It is essential.
From what I know know about this company will be a success, the shares are cheap and won't be this low for much longer. We are going to see a huge run over the next several weeks once the shoes hit the shelves, AVTI is a definate winner.
GLTA
Charts looking GREAT 0.0008-0.0010 soon!
I have no doubt we will see financials, and agree with the concensus on the board that the 8-K is a proof to that they want to be as transparent as possible. If what you were saying was actually true they would not of even bothered filing the 8-K. They are spending a great deal of time and money to market the shoes and brand. The Gelmon argument seems weak to me. Come September this stock will be running strong.
I see now the 8-K form was a notice of the agreement between Johnny Famous Shoes and Avitar, Inc. for the purpose of financing the shoe production.
On May 31 st , 2010 Avitar, Inc.(“Avitar”) entered a Joint Venture Agreement with Johnnie’s Famous Shoes, Inc. (“Johnnie’s”) of New York for the purpose of financing, producing and distributing its summer run of high end, luxury, Men’s footwear. Avitar, Inc. has agreed to finance the summer run of production as well as to be involved in the management of this project. Avitar is to get first moneys out of the project as well as a share of the profits. If this project is successful, Avitar can fund future production runs as Johnnie’s may require.
It was the first link listed under the Financials tab on the OTC website, thanks for pointing that out. I would expect the actual financials to be released anytime.
From OTC website
http://www.otcmarkets.com/stock/AVTI/financials
Fundamentals are looking very strong, they just filed financials on Aug 17 Form 8-K you can see it here http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7420133.
The investment with JFS must be significant enough for them to receive such a large portion of the revenue from the first run.
There is not much to worry about as far as an increase in share structure, it is very unlikely that would happen at this point in the game, however even if they did increase share structure with the very positive outlook on the stock and company it is likely it would have little effect on pps.
Most of the questions about the stock have already been addressed by many posters on this board. Most of us are buckled in and waiting for the next PR and the shoes to hit the shelves come September. The run is going to be huge.
Technicals also show this stock has legs. It is as close to a sure thing that you will find in pinkyland. Do not be too suprised to see a nice run up next week as we get nearer to September when the shoes hit the selves.
Regards.
I agree, and without actually knowing the CEO or his intentions, it would be guess work about a raise in A/S. I would say the likelyhood of this seems very slim, don't worry too much about it.
I am always on my gaurd in pinkies as you say, but this one is an obvious winner, the FUNDIMENTALS are VERY STRONG and come September this stock will run on rails! Going to be HUGE.
Interesting, I don't see a raise in A/S any time soon, especially after such a positve PR and shoes in production and ready to hit the shelves by September. It would not be a wise business decision to dilute shares with such a solid, positive outlook, don't worry about an A/S. This stock is going to run look for next week to see big gains.
I don't think that is likely to happen, especially after reading the recent PR's and seeing all of the positive momentum this will gain over the next few weeks. Odds are we will see a PR next week and we will begin to run before the shoes hit the shelves in September.
Anyway, it would be a good thing to be postive and keep the focus on AVTI and try not to focus on doubtful speculation or other companies.
This stock has legs and is going to run pretty hard over the next few weeks.
appreciate the information, but isnt mentioning another stock off topic?