Tuesday, August 24, 2010 3:59:07 PM
A Naked Short will sometimes post negative or misleading information about a stock in an attempt to cause fear or panic sell offs. I think we may be seeing some of this happening now in AVTI, however this is actually a good sign! Once this happens a condition known as a Short Squeeze is likely to occur that will force the price even higher.
Investopedia explains this well, as the stock starts to rise rapidly, the trend may continue to escalate because the short sellers will likely want out. For example, say a stock rises 15% in one day, those with short positions may be forced to liquidate and cover their position by purchasing the stock. If enough short sellers buy back the stock, the price is pushed even higher.
Ref URL:
http://www.investopedia.com/terms/s/shortsqueeze.asp
I have no doubt we will see the 0.005 range as projected by Ludlow Capital in the alert, and most likely continue to rise from there.
Ref URL:
http://www.wallstreetnewscast.com/news/2010/july/avti.html
At the end of the day it is best to do your own due diligence (dd) and research the claims that are made. Many times you will find they only hold a shred of truth, or are completely false.
GLTY
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM