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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop"
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To: JEDOC who wrote (1566)11/22/1997 10:04:00 AM
From: tbevan   of 1985
 
>>If this is Amber's doing (and I am _very_ suspicious of them), why would they be pushing prices down? Being a large "friendly" shareholder, wouldn't profit, ie. that the stock price go UP, be their "hope" (as it is, albeit fleetingly, mine)?<<

I'd really like to know the answer to this question. But what I suspect is that they're not selling to make money (isn't their cost basis over 60 cents a share?), but that something else that I don't understand is going on, like maybe they need to unload a certain number of shares for some technical or legal reason.

I just don't get it. Is their cost basis actually lower than 60 cents?
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