ADGI - American Diversified Group Message Board

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Microcap & Penny Stocks : ADGI - American Diversified Group

ADGI 2.305

-18.0%

Dec 19 3:59 PM EST

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To: budweiser who wrote (5992)	3/27/1998 9:15:00 AM
From: Jgilbert	Read Replies (1) of 9569

Bud, That was a good post. What most people apparently fail to realise is that management's job is not to drive up the price of the shares, but to increase the shareholdres' equity. There is a difference. MMs do exactly what they are supposed to do: they make a market in the stock. If it weren't for them, you'd have to seek out a stockholder and see if he was interested in selling his shares to you at your bid price, and of course he would counter with an sked price. MMs are not crooks; they are businessmen, cynical, yes, because the temptation to get out of a stock if it makes a significant move is almost universal, and that's how the MMs make money. Darn few people follow the Swiss and Buffet method of buy 'em and hold 'em. Besides, part of the fun of penny stocks is the action. I'll probably never sell my ERICY or PFE or MUTHX or LGL because they are solid sure winners, but they don't make my pulse beat faster like ADGI, NAMX, USMC and ZICAF. Sorry to bore you with this. JG

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