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Re: alabama96 post# 360

Tuesday, 04/26/2011 8:48:21 PM

Tuesday, April 26, 2011 8:48:21 PM

Post# of 2206
You are right, and your point is important. The AVVC promotion is far from over, and I expect to ride it up a long way once it turns around. (I've already locked in .50 per share). I just think they are hands-off at the moment, and like I said, I'm not getting back in until they take control of the stock and push it upward. That might be in the .90s or the 1.30s, it might be tomorrow or next week...we'll see.

Also, promoters don't need to buy the stock to push it upward. If they just plop down a giant bid (one that dwarfs all others on L2), usually behind the buffer of some slightly higher bids, it looks like a floor to investors, and support from real buyers gathers around it (or just on top of it). Then they raise and repeat.

As an aside, ALZM started with a $800,000 budget and later increased the budget when the stock was in the 1.60s. So AVVC's current advertised budget is not necessarily final (but also not necessarily accurate or believable either).