Shorting stocks: Broken stocks - Analysis Message Board

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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

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To: Spark who wrote (2403)	7/6/1999 11:31:00 PM
From: Q.	Read Replies (2) of 2506

Here's an advance look at the BB stocks that must be fully reporting Aug. 2. otcbb.com The ones indicated "fail" will be deleted from OTCBB trading Aug. 3, unless they file a form 10 before then. I created the following link to show charts etc for all the stocks in the above list that are listed as "fail". quote.yahoo.com That's a heck of a long list, but most of those stocks aren't really tradeable, because of a low stock price, lack of volume, or both. Limiting ourselves to only the stocks trading over $3 and more than 1 k shares traded today, we get only 7 stocks. AENG AFNT AMIT AMSE AMUT ANIW PWEB quote.yahoo.com Among these stocks, two are familiar to me: AENG and PWEB. The latter is a co. in Utah that supposedly sells software that you can use to create your own e commerce site. The shares outstanding is a huge number. Their stock promotion material on their web site was amateurish, when I last looked, and it made some claims about their prospects for revenue and earnings that I thought were highly suspect. I talked on the phone once to the kid who runs the business, and I was very unimpressed.

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