Quote:
Originally Posted by teomaxxx
it hitted today as high as 5 cents, now for 3 cents, still 50 percent up from my buying point of 2 cents. i sold some shares for 3.5 cents, but i still expect them to run a bit higher in the future.
there is some pump and dump promo going on now behind it (the company didnt buy paid for it) and you always need to sell into such promos.
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It's funny because I see these on this site, but I'm subscribed to both of those and never got the e-mail.. I checked the junk folders and everything
http://pennystocks24.com/dchart.php?s=AVSC
It basically hit exactly the same highs it hit back in march .. very early this morning there were quite a few trades over .04 which is also when most of the volume happened. Some people on IHUB think that's people shorting.. Everything they think the answer is: Shorting. Bla bla bla.
Looks like the .034 close was fake
If anyone gets in trying to ride the pump get the hell out if it falls below .027 and ESPECIALLY if it trades anywhere below the .0215+- level.
From what little reading I was willing to do, this really does sound like a REAL company which IS undervalued. I'll never believe it in pennyland, but you may be right about it.
The float is not huge and there's a quarterly coming out soon - might be interesting to take a position and see what happens. Just respect the levels I mentioned if you don't want to lose your whole ass.
Good entry right now? I'd say 0285-0310
Volume picked up a little going into the close but the 0340 almost certainly wasn't real
I do NOT understand why it gapped up two cents and then traded a large amount at over .04 if this was not some big promo. Seeing that it gapped up though and it didn't fill AND it closed a full three cents above the open- looks pretty good.
This LOOKS like a one day promo that is already running out of fuel BUT this DOES sound like a real company and a quarterly is coming out so who knows