Lots of rumors of upcoming big news. Anyone have details? Offie
You aren't just whistling Dixie, Offie. One email news/rumor service I subscribe to just ran a couple of items on AVAL a little while ago. I don't know where this person get's his info, but here's what he/she said:
"Just received this from a fellow BBNSer on AVAL... Kerry
He states....."
'Caveat emptor, but I'm telling everyone I know that big things are supposedly brewing at Avalon Group (AVAL), a little OTC-BB company in the very hot health and wellness field. There was a flurry of activity in the stock a few months ago, but the trading completely dried up and the spread last week was a ridiculous .14 bid, .29 ask. Over the last couple of days, the bids have steadily crept up, indicating that several people or entities are attempting to accumulate it (with not much success thus far), and it's now a respectable .21 bid, .26 ask. The public float is tiny and trading is very thin, so any news could result in a rapid price jump.
I am told that announcements of a major financing deal, followed by an exciting acquisition, will be forthcoming within one week. Take a look at some of their old releases and their website (I think it's www.stayhealthy.com) to get an idea of their business. If you're gutsy you can buy a little now, but definitely watch for the first announcement and you'll have time to get in before the second, even if the price is 10 or 15 cents higher at that time. I expect a run to over $1.00, and maybe to the $2.00 area, by the time all 3 news items have been released and disseminated.' |