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Microcap & Penny Stocks : AWLT wines and gourmet food - Italy Direct

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To: Slim Pickens who wrote (440)2/5/1998 7:40:00 PM
From: paul s.  Read Replies (1) of 2595
 
Slim:
Thanks for the kind post!
Why am I interested?
AWLT came my way via a post on an internet investing board. If a stock looks interesting enough,I run it through a technical screening system (not as complicated as it sounds). AWLT was really looking very strong (at least until yesterday). Following that I do some quick DD (my post here included), and was waiting for volume to pick up and price to reverse.
No I haven't bought. Why not?
1) I'm in Canada, and the dollar really sucks right now. Worried about losing points on the exchange.
2) Waiting for results of financial audits (BB requirements).
3) Main reason though, is technically I've seen a "false start". I like the volume and will continue to monitor for future purchase because the revenue increases and the acquisitions.

I'll be here for a while as this thing unfolds...

take care

paul
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