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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 (51)	8/30/2005 12:11:54 AM
From: SI Bob	of 58

Didn't mind picking some up at 3, but I was looking at the portfolio tonight and it's tempting to sell it and just enough of my original position to just reduce the size of the 6-cent position I've got. Tough decision. The closing bid represents about a 17% gain over what I paid for this batch. Could be a good trading vehicle now that it can be quoted in fractions of a cent. On the flip side, this batch was large enough to bring my average down to 4.2 cents, or just 2/10ths over what the ask was most of the day. Whether their product is good or not, I don't feel warm and fuzzy about the company at all. Especially with PR's that're too much ado about too little. So they're just a ticker to me right now. Might get lucky and it'll be a tout-sheet pick that skyrockets, though. Had that happen many years ago. When I actually traded OTCBB stuff. Ticker was CSIX. When the company folded (but the stock was still tradable and barely trading), I ordered the cert (surprised I got it) and had it framed and hung it on my wall as a reminder to be more careful in the future. Despite the company being nonexistent, some tout sheet started a rumor of a reverse merger and the stock took off. Fortunately I'm good enough friends with my broker that I was able to sell it at about triple my basis "short for late delivery" and took the cert out to him the next day. Edit: Got to thinking about it, and I'm not sure I got that terminology right. Maybe it was "Long; late delivery". Bottom line is I'd bought the stock through that brokerage and they knew I had been delivered the cert and made the sale with the admonishment that I was toast if I didn't really have the cert and have it in their hands ASAP.

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