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Microcap & Penny Stocks : Aquasearch (AQSE)

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To: Chaz who wrote (41)4/4/1997 1:58:00 PM
From: Owen Miyamoto   of 80
 
Anybody have any new info on this stock. It's been moving like a rock, down as low as $.25 the other day. After doing some checking, I don't think there's going to be much significant movement upward. There is no news on production, probably because it's marginal. No news on their new expansion location, probably because there's no construction money. It's a lousy time for a new stock issue to raise construction funds so real production potential doesn't seem likely anytime soon.

Sounds to me like most movement will be down. IMOP, now is not the time to buy this stock.

Any news to the contrary is welcomed.
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