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Microcap & Penny Stocks : Airstar Technologies, Inc. (ASTG)

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To: Go Team who wrote (1174)10/23/1997 12:33:00 AM
From: Wes  Read Replies (2) of 3967
 
Dan:

Joe maintains that Truher (Trueher?, whatever) has not been selling, nor have any other insiders at Xecom. He goes on to say that he and others at Xecom have been buying.

I understand that insiders have been converting their preferred stock to the common stock of Xecom, including Joe. So to that extent they must have confidence in what is going on with the company.

Joe's says that he does not know why the selling pressure is on right now, but assumes it is tax selling and/or "shorts" covering.

Lurker may have it right that a buying opportunity is at hand. We'll see if a dime or nickel can do it--two bits? Hmm.

Wes

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