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Microcap & Penny Stocks : Amplidyne, AMPD

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To: Pluvia who wrote (227)9/12/1999 7:19:00 PM
From: Sir Auric Goldfinger   of 538
 
Yeah the little squirt needs some discipline. Too bad he is wrong about one tiny issue: another big game that is going on here in addition to the warrant forced exercise attempt is the attempt by the evile M&M's to get the average daily volume up enough so that big chunks of heretofore unsaleable 144 stock can be sold to the public. With two recent private placements having been completed at around $1.50/share, there is a TON 'o stock hitting the float.

As has been shown many times (see AENG thread for a very visual lesson in pumpandumporama games) that the "pump" (bs press releases and massive volume) always proceeds (by not much time, a week or so) the dump. In this case, the massive volume has already acheived what the 144 shareholders wanted, the ability to sell ton's 'o previously unsalable stock. As the Mens Warehouse guy says: "I gaurantee it"-you will see 144 SEC filings in droves in the next few days.

Furthermore, if TRAV thinks he can do any above market buyins and get away with it, he ought to call his bud Ed W(ED)Bush and ask him about the SEC's latest rectal inquisistion which will undoubtedly lead to a substantial capital reduction and sizeable fines at that firm for their IBUY shenaigans. Yes there is more comming on that old crim case and it is going to be big.
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