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Avitar, Inc.
(OTC:AVTI)
Cory H. Gelmon, CEO
65 Dan Rd.
Canton, MA 02021
Phone: 781-821-2440
Posted:
August 15, 2010 |
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5
Day Stock chart |
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Technical Analysis
As of August 15, 2010, AVTI may be attempting to bounce off their
50 day moving average. The MACD has pulled back into negative
territory from its recent run-up from late July. The full stochastics
may be indicating a bottom at 7.43. We would look for a couple of
closes above the 50 day, and possible run up to, or break above
the 10 day average to confirm a bounce at these levels.
With around 640 million shares issued and outstanding the company
is currently trading at a market cap valuation of only around
$580,000. The investor who has chosen this pick has issued their own
price target of $0.003 per share.

About Avitar, Inc.
Avitar, Inc. is a publicly traded
holding company now focusing on investing in and building a
network of joint venture interests or, as the situation may
require, operating subsidiaries. These joint ventures or
subsidiaries are or will be engaged in various innovative
businesses. Currently the company's joint venture interest with
Johnnie's Famous Shoes, Inc. provides Avitar with its entry into
its new business model.
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Safe Harbor Statements:
This
investor presentation may include statements that may constitute
forward-looking statements made pursuant to the safe harbor
provisions of the U.S. Private Securities Litigation Reform Act of
1995. Although the Company believes that the expectations
reflected in such forward-looking statements are based on
reasonable assumptions, such statements are subject to risks and
uncertainties that could cause actual results to differ materially
from those projected.
Disclaimer:
This is NOT a solicitation to Buy or Sell any security, but rather
is for informational purposes only. Content contained herein
includes facts, views, opinions and recommendations of individuals
and organizations deemed of interest. Wall Street Newscast
("WSNC") does not guarantee the accuracy, completeness
or timeliness of, or otherwise endorse these views, opinions or
recommendations, or give investment advice. WSNC, its affiliates,
or directors, may or may not hold a position in the above security
from time to time, and investors are encourage to consider this as
a possible conflict of interest when reviewing this information.
In Compliance with SEC Rule 17B Wall Street Newscast was compensated
one hundred and ten dollars by a shareholder for featuring this
profile and distribution of company information and content, and thus should be
considered a conflict of interest when reviewing this information.
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