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Microcap & Penny Stocks : ADTC
ADTC 0.000001000-99.0%Jun 2 10:25 AM EST

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To: Bob Davis who wrote (45)8/26/1997 11:24:00 PM
From: Wade   of 329
 
Hi Bob,
Excellent job for your analyses on The Napeague Letter. I just got in this stock in the last two days. I noticed that this stock has been under continuing selling pressure since Mar/Apr when I read the TC2000's BOP(balance of power). Sometimes their BOP generate false signial but it has been 90%+ reliable based on my experence with it.
There were 71,000 shares short in July. That number is shrinking comparing to the previous months. However, it seems plenty supply of this stock to keep the price down at this level. Do you think those shares are just the overhead supply or for some other reasons?

I was impressed about the Brown & Crisp bags when I saw the informercial on TV last Saturday. Their fundamental seems very healthy and earning momentum is picking up. The stock has to go up... a lot of hope.

Sincerely,
Wade
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