CMF (Chalk'n Money Flow) has now crossed and held positive, MACD has turned upward and is heading for the Breakout center line in that indicator, Stochastic is also positive ~
Outstanding Shares: 6,163,642
AVTI appears to have bottomed out on Nov. 6 & 7th, it ran and then made a higher low and appears to be set to run again, so it appears we have a confirmed bottom...
Worth radaring IMO, many things have crossed and gone positive in the indicators all at once, this looks like a turning point at rock bottom prices IMO.
As you can see..MACD crossing...RSI is at 48 once it passes 50 its in power hour...Accumulation has been happening, positive CMF, and about to cross 50MA at .034.
Wow
-------------------- Disclaimer: Not accountable for anything I say
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posted
Avitar Signs Distribution Agreement for Hydrasorb with Dukal Corporation 8:45a ET December 12, 2006 (PR NewsWire) Avitar (OTC Bulletin Board: AVTI) ("Company") has signed a distribution agreement with Dukal Corporation for Avitar's Hydrasorb (TM) polyurethane foam wound dressing product line to replace the Company's existing distributor. The agreement covers the United States and will be effective January 1, 2007.
Hydrasorb, which uses Avitar's proprietary polyurethane technology, is a highly absorbent topical dressing for moderate to heavy exuding wounds. These dressings have a unique construction that provides a moist wound healing environment, which promotes skin growth and closure. Dukal Corporation will distribute Hydrasorb to acute care hospitals as well as subacute, long-term and other health care facilities throughout the U.S.
"Dukal is a recognized industry leader and will help us to further our wound care product line more successfully through its already established network of independent distributors," said Peter P. Phildius, Chairman and Chief Executive Officer of Avitar. "We are pleased with this agreement and are enthusiastic about working with Dukal to expand Hydrasorb's share of the specialty wound care market."
"Dukal is delighted with this agreement," said Gerry LoDuca, President of Dukal Corporation. "Hydrasorb is a well-established product that fits nicely with our long-term growth strategy. We look forward to working with Avitar to further develop the application for its Hydrasorb technology in this growing segment of the wound care market."
About Dukal Corporation
Dukal Corporation, headquartered in Hauppauge, New York, has been dedicated to manufacturing products since its inception in 1991. Recognizing a need to offer the consumer a premium product at affordable pricing, Dukal offers a wide variety of wound care and specialty patient care products for all medical markets. For more information, see Dukal's website at www.dukal.com
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-remember yesterday I said rule of thumb was we should have a good day today. The news should really help this, really low volume today and a great gain going!
posted
I think with the low volume this has seen, the "regulars" snagged those cheap azz shares at that price.
We are back in business. Charts where it should be, let's continue the climb. Let's see where she settle's and where we may find support, that will tell us alot ~
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