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Wednesday, August 04, 2010 7:55:33 PM
The MM's are the only ones who can short at these levels. If their accumulation is not yet done and they decide to take this lower, IMO, this may be dead for the time being. Recognizing that, my hope is that they keep this in play and keep that current support-line intact. There is 'an opportunity' here for a group to lock down the float at this point, while contributing to an improved chart and reaffirming the current support line. Hopefully the AM will begin with some serious buying pressure. So doing, the longs keep this in play and build out a strong base at .0012.
If we do affirm 12 as the new bottom, I think AVTI can revisit the 52-week high, with or without more immediate clarity from CEO.
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