AVII --> Will the madness continue today?

misterjover said: "This sick stock was up 100% + yesterday with aftermarket momentum. I'm watching it in premarket this morning due to the fact that all the float was gobbled up. There are over 4 million more shares to be bought within the 1st hour of regular trading today, and this stock will get pumped another 40% in my opinion. In fact, it's 3:42 AM right now on the west coast, and I'm so excited about the prospects of today's trading that I can't stay asleep. For the meanwhile, the Beatles, the Doors, and Stevie Nicks will be calming my nerves for the next couple hours before premarket trading begins. :D"

HappyHarry said: "LOL, you have it bad man. 3:42am and you're not even on crack!"

misterjover said: "Yep, I do have it bad. Yesterday I rode it from 3.65 to 3.87, and I kicked myself for selling too early since it closed at 4.14 in aftermarket trading yesterday. I woke up at 3AM today, did some chores, and couldn't seem to find any way to fall back asleep. I'm surprised your up early as well. I guess it works out ok if you're in the east coast or midwest."

HappyHarry said: "I'm in the midwest, but I get up early every day. So what do plan on doing with AVII today?"

misterjover said: "I'm going to measure its momentum during premarket hours, and if the insane buying continues, I will ride it for at least 15% and bail. I've seen this pattern on several occasions, and each time, it has worked the same. Since the float is all gobbled up, there will be a nice jump in price from 20 to 40% until the big selloff. The same things happened when RCO, YDIW, and ANLT were pumped. The key is to buy early when the indicators of massive buying present themselves. Buying this type of stock when people are "all in" can be catastrophic, and entering this situation without a strategy or a stop limit can also end tragically. Personally, if I do about 20% on this I'll be taking my wife and business partners out shopping over the weekend. lol!!"

HappyHarry said: "What tools are you using to check pre-market prices?"

misterjover said: "[QUOTE=HappyHarry]What tools are you using to check pre-market prices?[/QUOTE] Level 2 quotes by TD, and I'm also checking the bids and asks on inet and yahoo real time. They start kicking in at around 5:30AM here on the west coast."

HappyHarry said: "Their [url=http://finance.yahoo.com/q/bc?s=AVII&t=1d]chart[/url] from yesterday looks great. Like a rocket."

misterjover said: "Wow! It's down right now in premarket at 3.50. Apparently my certitudes were out-witted once again. I'm eyeing this like an eagle if it bounces up."

AlfredSokol said: "This one took a nosedive. Looks like a stampede to the exits."

Chefskeez6 said: "AVII anounced the sale of 8million shares at $3.00. Probably the reason why its trading for 3.0X for most of today."

misterjover said: "Wow! What a sell-off! This was one of those occasions where shorting would've made anyone some serious bucks. Well... back to the old drawing board and some gritty research. I'm gonna cry right now because I posted a fish that should've been shorted."

HappyHarry said: "The chart on this one is dramatic. Any chance it can back to $4?"