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Biotech / Medical : Avitar AVR:AMEX
AVR 4.250-6.3%12:35 PM EST

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To: country bob who wrote (48)8/29/2005 12:35:35 PM
From: SI Bob  Read Replies (2) of 58
 
Pretty ugly. Trading as AVRN on the Pinks. Much higher volume than normal, but the spread is horrendous and the ask has dropped 33%. Toying with the idea of seeing if I can pick some up at 3 cents and wait to see if the action's any better when/if it goes OTCBB. Which I can't imagine not happening since they handily meet all the requirements.

I've witnessed a move from OTCBB to Amex being very bad from a trading perspective, but this Amex-Pink-OTCBB is brand new to me, so I'm real curious how this is gonna play out. Specifically whether it'll be the reverse of what happened with the one I saw move to Amex from OTCBB and actually turn out to be a good thing. Curious but not optimistic.
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