InTheMoneyStocks.com Hidden Gem AVNX Soars 57% On Recommendation

InTheMoneyStocks.com Hidden Gem AVNX Soars 57% On Recommendation

InTheMoneyStocks.com's Chief Market Strategist Gareth Soloway released his Hidden Gem Report Sunday, January 4th, 2009. AVNX was one of his two featured Hidden Gems and had a current price of $1.08 per share. The Hidden Gems plays are a favorite of his as he has always had a talent for discovering under priced small/mid cap plays that are close to making major moves. After releasing AVNX, it opened at on Monday, January 5th, 2009 at $1.10 before making a short pullback to $1.08. Within ten minutes of the market open, volume began to increase. Around mid-day Monday, a block of 50,000 went through. From that point on, AVNX continued to soar, rising to a high on Tuesday, January 6th, 2009 of $1.69 or a 57% increase from the alert at 1.08. At this point AVNX hit the targeted 50ma on the daily chart Gareth Soloway had set forth in his report. AVNX was a pure value play trading at 1/3 cash. In addition, his other Hidden Gem oil play has risen from $.76 to a high of $.97 nearing the target.

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Source: www.InTheMoneyStocks.com