QDRX Message Board - Msg: 2091587

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Microcap & Penny Stocks : QDRX

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To: HRAKA who wrote (2523)	9/1/1997 9:15:00 AM
From: Glenn Olsen	of 3977

HRAKA If anyone believes NASDAQ will protect the individual investor, they will soon be separated from their money. QDRX price is where it is because they issue too many shares of stock. The $1million in(Aug. filing) financing is 2.5 million shares. "They" can short those immediately knowing the company has to provide the shares to cover in the future. Calling in your individual certificates won't have any effect on this. Over the next few months they will almost certainly grab the additional $2.5 million in reg-d financing and that will generate another 6 million shares. It will take a very big kick in revenue to cover all this. Until QDRX stops this type of financing, your only hope of profit is to sell on the hype announcements knowing that the fundementals will kick in immediately afterward and drag the price back down. Companies rarely fail because of the workings of MM/s. Far more often the management of the company brings about the ruin but uses stories of MM's to divert attention. "Bother little minds with foreign quarrels." Think I'll take a spin over to OVIS to see what that one is about. Glenn

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