AAVG Produced Solid Gains and Continues to Publish News

Categorized | Stock Newsletters

AAVG Produced Solid Gains and Continues to Publish News

Posted on 02 September 2010 by admin

Good Morning,

What an action packed day of trading we had yesterday. AAVG did just what we thought it would and broke-out! AAVG closed out the day at a strong $.0215 which was up 31% on the day. We saw prints as high as $.028 which represented a gain of more than 70% from the previous close. The AAVG market was extremely volatile; these ups and downs produced plenty of solid entry and exit prices for traders. We hope you were able to capture some profits yourself.

AAVG traded more than 16 million shares yesterday and we believe this is a great thing. While doing our DD we have found numerous sources that state the float of AAVG is only 33 million shares (http://www.otcmarkets.com/stock/AAVG/company-info). That means that yesterday's volume was almost half of the float! Yesterday's trading showed signs of resistance and selling but after trading 16 million shares, we believe many sellers may be out of the way.

We also found that there are a few more newsletters that covered AAVG last night and this morning. If this additional coverage creates more buying the stock could easily continue to move up.

After yesterday's close the company released more news:

In Anticipation of Expansion and Revenue Increase, AvStar Aviation Expands Management to Include Local Expert, Kenneth Langston

"AvStar Aviation (PINKSHEETS: AAVG) is proud to announce that new positions have been created and one has been filled with local expert Kenneth Langston. Mr. Langston, newly appointed Advisor on Bahamas Marketing Strategies, has been promoted to act as an expert and consultant to AvStar. Mr. Langston owned and operated a charter operation servicing the unique destinations AvStar Aviation currently provides. "Ken will give myself and the Board of Avstar 'hands on' advice and feedback on one of Twin Air Calypso Limited, Inc.'s major markets," said Clayton Gamber, CEO of Avstar."

The full release can be found here: http://www.pennypayday.com/AAVG

And before today's open the company released this PR:

(NEW NEWS GOES HERE)

We are seeing a lot of great signs for AAVG today but we need to remember that AAVG made some major swings throughout yesterday's session... Some good and some bad. If you do decide to trade penny stocks; you always need to trade as responsible as possible and never risk more than you can afford to lose. As always utilize Stop Losses to protect any investment you decide to make.

Please do your own due diligence before making any investment: http://www.avstargroup.com/, as well as reviewing their latest press releases and filings with the SEC.

Happy Trading and Good Luck!
PPD Team

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