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Oh yes I stood there and counted each box as it was loaded on the trucks, just left the Mexico manufacturing facility. I then got in my truck and followed them across the boarder to all of the stores what an awesome spectacle as they were putting each shoe on the shelf, very exiting to watch. After that I had lunch with Gelmon and we laughed as he was telling me how his dream is to make Johnny Famous a household name. Ah...good times.
They are usually reported to the OTC on the 15th and the last day of the month, in this case most likely today. This will show all short sales that have been covered for the period and does not reflect the entire short volume for the period.
I know it never ends LOL, what a silly dumb thing to argue about. you are right shoes are shipping and AVTI is going to rocket. Yes in addition to the short volume, that is a fact LOL.
Why do you feel the need to argue about this on a daily basis? You are wrong, plain and simple.
FINRA monitors DAILY short volume. Completed transactions are reported BI-MONTHLY to OTC markets. A COMPLETED transaction = sold short + bought to cover. What is reported to OTC ONLY reflects this and NOT all short sales, only short sales that have been covered.
Here is yesterday's short volume from FINRA.
Date | Symbol | ShortVolume | TotalVolume | Market
2010-08-30 | AVTI | 2,592,611 | 4,612,161 | O
Research has already been done we don't need to go thru this daily, you have made your arguments and they are wrong. Finra has confirmed this is short volume.
AVTI SHORT INTEREST 2010-08-30
Short sellers will be forced to cover soon, I think they are getting nervous here as seen by the many posts. Come mid September we should be seeing plenty of green I have no doubt.
FIRNA SHO Daily File Website
See: http://regsho.finra.org/regsho-Index.html
Pursuant to a Securities and Exchange Commission request, FINRA has agreed to make reported short sale trade data publicly available.
Date | Symbol | ShortVolume | TotalVolume | Market
2010-08-30 | AVTI | 2,592,611 | 4,612,161 | O
CANDLESTICK CHART 2010-08-30
Charts are looking great, and are setting up for a nice run. The candle chart has confirmed our reversal pattern from the other day, we should see some nice upward movement from here. Also RSI and Williams are showing an oversold state in the stock indicating the price is undervalued now and a price correction is required. Also MACD is starting to curl up and preparing to cross, this is the buy signal we have been waiting for. Over all this should be a very strong week for technicals and we should see the start of a nice run.
You call it, tell Mr. Lee I said hi, and ask if he can pick me up a Big Gulp and some powdered doughnuts from the 7-11 while he is there LOL. The number you gave is bogus and not Finra!
Call Finra number (301) 590-6500 not Mr. Lee people!
http://www.finra.org/investors/contacts/
You have proven nothing other than there is some guy with a throw away cell phone somewhere most likely standing outside of the 7-Eleven waiting for calls from AVTI investors, it is ludicrous to even consider people are that naive.
If anyone wants to call, call Finra directly ad not some throw away cell phone number.
http://www.finra.org/investors/contacts/
No it is one of those throw away cell phones, of course I am not going to call "Mr. Lee" at the 7-Eleven.
This stock is going to run huge this week as those short sellers get caught in the squeeze, going to be a big run next couple of weeks for sure.
I am tired of seeing false or misleading information posted here, enough is enough already. Let's focus on the stock and actual facts no wild conspiracy theories and partial truths.
Strange Finra is located in New York and Washington D.C., and yet the number you give us for "Mr. Lee" is an unpublished number located in Washington, MD! LOL
http://www.whitepages.com/search/ReversePhone?full_phone=(240)+386-6054
I am betting if you call Finra Mr. Lee doesn't even exist!
Address
FINRA
1735 K Street
Washington DC, 20006
Phone
FINRA Call Center: (301) 590-650
Here is a list of investor contacts, I would recommend you start there, using the Finra site.
http://www.finra.org/investors/contacts/
I would not be surprised if the short squeeze is starting already this morning! Very possible.
this argument makes no sense, and it is unlikely any lender would consider shorting a sub penny stock. Naked shorting is done mainly by MM's and a few others.
Whoever is shorting the stock, we are looking for a nice short squeeze very soon. This stock is going to run big time over the next few weeks. Now is the time to pick up th cheap shares before it rockets skyward.
Actually it is the case, I have done the research, made the calls and followed up on my own DD.
I would assume they are shorts, I see a lot of accumulation right now on the charts.
Firna data is recorded daily, what is reported to OTC markets are only completed transactions, that is bought then covered, and does not reflect how many shares are actually sold short on a daily basis.
AVTI SHORT INTEREST FRIDAY, AUGUST 27 2010
Short sellers will be forced to cover soon, I think they are getting nervous here as seen by the many posts. Come mid September we should be seeing plenty of green I have no doubt.
FIRNA SHO Daily File Website
See: http://regsho.finra.org/regsho-Index.html
Pursuant to a Securities and Exchange Commission request, FINRA has agreed to make reported short sale trade data publicly available.
Date | Symbol | ShortVolume | TotalVolume | Market
2010-08-27 | AVTI | 5,540,285 | 11,407,201 | O
That is a great post, could be relevant to what is happening with AVTI I believe. Thanks for letting us know about it!
It might of had something to do with MM's naked shorting and getting caught in a short squeeze. This is what will probably happen with AVTI as the PR's are released this week and the shoes hit the shelves the price is going to sky rocket!
Short Squeeze Definition
http://www.investopedia.com/terms/s/shortsqueeze.asp
Cory Gelmon served as Chief Operating Officer and General Counsel of Domino's Pizza of Canada Ltd., the Dominos Pizza Master Franchisor in Canada from 1993 to 1997. Mr. Gelmon was largely responsible for growing the Domino's chain to 200 stores located in every region of Canada, with system wide sales of approximately CAD $80,000,000 per annum. While running Domino's, Mr. Gelmon oversaw the computerization of all the stores in the system, creation of new store designs as well as the introduction of various new products.
I welcome his expertise and business knowledge, I am sure he will lead this company to success, there is no doubt about it. The JV Agreement with Johnny Famous Shoes should be a huge success, they are ready to hit the shelves any day now. This stock is going to run huge by mid September.
Great time to get in while the shares are still cheap!
I agree 100% I was planing on adding more shares Monday as well, actually too good of a deal to pass up at the moment. This stock is going to run big time over the next few weeks.
I am sure you wold LOL how many shares now and counting? :D
I agree, let's move the squad to the goal posts. We should be seeing 0.0050 very soon. Over the next few weeks this stock is going to run big time. Especially as the shoes come to market and the PR's are rolling.
Could be anytime now between August 30th and September 15th...GO AVTI!
http://finance.yahoo.com/news/Avitar-Inc-JV-Agreement-With-iw-901830600.html?x=0&.v=1
I couldn't agree more AVTI is a great stock! Going to be a huge run over the next few weeks, let's get the word out!
Also good to hear, looking forward to your post back tomorrow on this subject! I would be nice to see the focus go back on the stock instead of nonsense. Regardless we are looking for a nice run over the next few weeks. I suggested he call Firna also but he did not respond.
You are absolutely correct.
The trade volume Friday was 11,407,201 and the short volume was 4,564,583. Doing the math (short / vol * 100) 48.57% of the trading activity Friday was short sales!!!
A short squeeze could happen at anytime and run this stock up fast as those shorts will need to cover.
Date | Symbol | ShortVolume | TotalVolume | Market
2010-08-27 | AVTI | 5,540,285 | 11,407,201 | O
I would not be surprised to see at least 0.0050 soon with all of the short sale interest in AVTI, a penny is certainly possible when the shoes hit the stores and the PR's start rolling over the next few weeks.
If it looks like a duck, quacks like a duck, and walks like a duck, guess what...its a duck. The same goes for the Firna AVTI Short Sale Data. They regulate and monitor the industry on a daily basis, it is what it is...daily short sales.
FINRA has agreed to make reported short sale trade data publicly available.
Date | Symbol | ShortVolume | TotalVolume | Market
2010-08-27 | AVTI | 5,540,285 | 11,407,201 | O
You are wrong, Firna monitors short sales on a daily basis, this is different from what is reported to the OTC markets bi-monthly.
Firna numbers don't lie, they regulate the stock exchange and monitor daily short sales. There is a lot of short interest on AVTI right now, possible short squeeze is just around the corner. This stock is going to run strong.
http://www.finra.org/AboutFINRA/index.htm
AVTI SHORT INTEREST FRIDAY, AUGUST 27 2010
Short sellers will be forced to cover soon, I think they are getting nervous here as seen by the many posts. Come mid September we should be seeing plenty of green I have no doubt.
FIRNA SHO Daily File Website
See: http://regsho.finra.org/regsho-Index.html
Pursuant to a Securities and Exchange Commission request, FINRA has agreed to make reported short sale trade data publicly available.
Date | Symbol | ShortVolume | TotalVolume | Market
2010-08-27 | AVTI | 5,540,285 | 11,407,201 | O
And we are supposed to believe you? Rubbish!
Then why are you hear? LOL I do not need to defend myself I make a good living and trade penny stocks simply for entertainment. If I make a few 100k now and then it is a bonus. If I loose some ah well, I haven't spent anything I cannot afford to loose.
That is why they call it an investment, there are risks and rewards, the risks are high, but in my opinion the rewards are much greater.
I can appreciate your position, and I am not labeling you. You could just be looking for a lower entry and not selling short. I don't feel like arguing pointlessly about short data it is what it is. Even if you are right and I am wrong, it does not change the fact that we are going to see a massive run over the next few weeks, that is certain as the shoes start making it to the stores and PR's start to flow. Good luck to you.
I am very much in control of my finances, I have been trading stock since 1990's and have made a lucrative living doing so. I can respect your negative point of view, you express it daily on this board. All I can say is I know what I know, facts are the facts, and just because someone like yourself says "because I say so" doesn't make it so. Most of us are smart enough to know when we are getting led, kind of like sheep LOL.
Let's just for argument sake say "who cares about the short data" you so eagerly want to dispute. The fact is the shoes will be hitting the shelves possibly in a matter of days, PR's will proceed this and the stock is going to run huge. Regardless of all of the pointless, useless arguments, this is the fact. You can choose to ignore the firna data, short interest, or even the fact the shoes are sitting on the shelf. It is what it is, the stock is going to run huge over the next few weeks. Good luck to you, and make sure you have protective stops on your short sells.