KB,
Good post! Wish you had put it here first!
Of course Deja vu all over again. Didn't someone say something similar last June? or was it the summer before? Maybe two years ago? Three?
Not picking on you KB but pointing out we go through this every summer. Hope your AC performs for you!
Here is the relevant post of the day from the "old" AVBC board!
By: knepperbob $$$
Reply To: 30486 by mklinger $$$ Monday, 18 Jun 2001 at 10:15 AM EDT
Post # of 30495
Klinger,
OT: For a glimpse of what I think is wrong with our baby, take a look at AQCB.OB (Aqua Clara). I own 78,000 shares of this one also. About 3 weeks ago (if memory serves), AV and AC were trading about even with each other at just over 10 cents the day I noticed they were even (forget for a moment that AQ was down from HI, AV was up from LO.)
Now, in the last month or so they have both been in the midst of a really 5hitty market, both have a ton of shares outstanding, both have some signs of life but continuing losses from ops, both have burned through a ton of cash, both trade about 250k+ shares per day, both are run by dictatorial CEOs and finally, both have some distribution - ie AV in Albie's and AC in GNC (not all of the similarities are totally accurate and I'm sure some will point out what they feel to be major differences [such as AC being plugged by Williams sisters], but bear with me for the moment).
All summer, I have been told by AV & AC IR that wait till the summer, wait till the weather gets warmer, there will be all kinds of interest in our beverage co. Fine, makes sense to me, right? (BTW, from looking at the chart, both AV & AC have had huge bounces in price in recent years before and during summer)
Well, AC has done just that. It's bounced off its low, close to where I picked it up at well under 10 cents (AV has been as low as .06, I think), and sometimes it's up and sometimes it's down, but there is definetely strong buying interest in this stock just about every single day (just saw a 100k share buy go through at .175 that prompted me to write this) - as advertised by their IR.
AV, on the other hand, has also bounced off the low and spiked to as high as .17+, but on nowhere near the sustained volume or price support (ie big buys at ask) that AC has gotten. In fact, AVs volume since Jan-April has had less volume during May-June than during any two month period dating back more than two years by my count. So what does that say? Where does that leave us?
Does that mean that AV is creating no stir/no interest among its shareholders/customers (in bev., usually one in the same) at the precise point in which they told like everybody it would come? If so, this is the absolute worst credibility killer for me (I mean, cmon, you're in cold beverages and you can't get some buzz going during summer?).
Klinger, at a certain point, there has got to be a general groundswell of interest from beverage-happy people, no? Another pump email blast in this market is not a good sign, even if it does take the pressure off the daily inactivity in the stock for a day or two. All in all, where the heck are the buyers - ie there isn't anybody in the OTC BB market who doesn't know AV - this is the grandaddy of them all in terms of tenure, right?
The data I've compiled is extremely troubling by itself, but when compared to AC, which is in a somewhat similar spot (OTC BB and other similarities above), the lack of performance seems glaring by comparison! I mean, if it's not gonna happen in the heat of the summer, when the heck is it going to happen? - which is why I feel Vegas hit the nail on the head more than any of us in the last 9 months - not sure of the post #, but I can find it if you want.
In any event, I'm trying to be as honest and objective as possible. Do you agree, or feel the above points are not valid? IF so, why not?
David Weed
aka the Bird of Prey
www.warp-drive.com