Avitar, Inc. (AVTI)

[Lone Wolf]

Had a gut feeling today might go the way it did. Though the pennies don't follow the overall markets, the fact that futures were up 12 in the pre left me wondering whether 'new money' would get diverted elsewhere for the time being. Seems some of it did. As a result, some of the impatient are gone while some were able to get a better position and create a stronger hand.

Personally, I would rather pps be subdued and / or ever close slightly lower, leaving a thin wall on the ask for the open on the next trading day. Typically leads to a bigger percentage pop. The slow, drying paint today was a great way to get some of the unwanted baggage out chasing some of the exchange plays and plays that are running while we consolidate.

No worries, I'll be here for the slow days as well as the rock-n-roll days!!!

Considering today's marginal pullback and slight run into the close, if broader markets look to be selling off tomorrow, we should get our next rally (IMO). Regardless of what the broader markets do however, we should see green tomorrow. The only question will be how much.

Oh, one last point. That MM's tried that 'gap at the ope' thing Friday before last. They were able to do 'substantial tree shaking'. Doesn't look like they got any chasers or sellers today....so, looks like no more substantial gains to be made for them in the 20's.