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Microcap & Penny Stocks : ADGI - American Diversified Group
ADGI 2.340-7.1%Jan 13 3:59 PM EST

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To: E Richter who wrote (4773)2/25/1998 8:00:00 AM
From: Roman S.  Read Replies (1) of 9569
 
To All : Here's one from the ADGI thread on AOL worth reading.

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Subject: After bell volume!
Date: Wed, Feb 25, 1998 03:09 EST
From: Humanfly2b
Message-id:

There were 806,500 shares bought by the market makers from 4:01 - 4:19 (after the market had closed) and believe me these were not shorts they were selling! These were real shares because the market makers day is coming and they know it. They are going to grab whatever inventory they can get their hands onto now to fill their prior sell orders and believe me they will take a short term loss just so they can get some inventory at any price and than begin to drive the price back up just to cover their prior losses.

Folks this ride has just begun, so get out your "G" tickets cause this baby is ready to go.

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Reminds me of doug's post when he was on the phone with his broker and his broker on the phone with the head trader getting a reply that "orders are either fill or kill because shares are scarce."

Have a nice day.
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