ADGI - American Diversified Group Message Board

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Microcap & Penny Stocks : ADGI - American Diversified Group

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To: Justin Step who wrote (4917)	2/27/1998 7:32:00 PM
From: Hubert Few	Read Replies (1) of 9569

Justin, such "corrections" are common in the under $1 crowd. It may be that some of the "trade errors" of the day are taken off the books through a series of transactions which may appear to be large block buys or sells. Theories abound as to this sort of thing, but it is quite commonplace. Clearly "Da Newz" is priced into the stock already. There are loads of groundless rumors circulating at any given time about this and other stocks, mostly not worth even a mention. Once in a while they will make it to a "legitimate" stock broker's desk and he/she will call a few friends and they will together cause a stir as they remark to their clients on how such and such a micro-crap stock is "moving". The party is probably over for now....everybody move on! Cheers!

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