BB's Stock Haven

[queens9000]

ADLS Timing. Don't miss this week to buy.


http://finance.yahoo.com/news/Advanced-Life-Sciences-to-prnews-892239666.html?x=0&.v=1

"Advanced Life Sciences further announced that it has reached an agreement with the Leaders Bank to amend the terms of its existing loan. As part of the agreement, Leaders Bank has waived the existing defaults and the Company has agreed to make an interest reserve payment of $186,000 by January 10, 2011. The due date for the $1.1 million principal payment that is currently due has been extended to April 1, 2011. This $1.1 million principal payment as well as an additional $1.0 million principal payment also due on April 1, 2011 can be further extended to January 1, 2012 if the Company pays $486,000 in additional interest reserve by April 1, 2011."

The news is out on Jan 3, 2011.

Volume on 12/30~01/03: 25M x avg. 0.028=$700,000
Volume on 01/04~03/04: 61M x avg. 0.02=$1,220,000
Volume on 03/07~03/09: 24M x avg. 0.014=$336,000

Total volume=110M
Total value= $2.26M

You can trust the company already covered the interest payment to extend to Jan 2012.

Any selling from this point is meaningless, just panic selling. Big buying opportunity for the rest of this week.

Do not miss!!!!!

Note you need to wait 15 days for cash to be transferred from stock selling to 3rd party bank.

Today is 3/09.

3/19+15Days= 3/25.
Then you have to transfer again to Leaders Bank which may take up to 3 business days.

3/26 is Saturyday.
3/28+3 days= 3/31. April 1 covered perfecto!! (Coincidence???)

This is why I think today or tomorrow will be the last day for selloff by Flavin.

If you bought ADLS today, Good Luck!!!!



CHARTS:
-OBV shows today there have been very high volume of accumulation. -Trend line also confirms it's on support in downtrend channel. ---Horizontal price line shows, it's slightly under double bottom. ADLS usually bounces tricking support under double bottom many in its history.

chart 5 minute:
https://picasaweb.google.com/lh/photo/4fv5ffpZhg2yGWmQRGiTqg22gT1jL7MZxPG1A2D2xS0?feat=directlink

https://picasaweb.google.com/lh/photo/rUPqvZ7vTsfz9wH9W0Y7Fw22gT1jL7MZxPG1A2D2xS0?feat=directlink