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Microcap & Penny Stocks : Aqua 1 Beverage - V.AQB on the Vancouver Exch.

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To: fubsy cooter who wrote (290)5/27/1998 2:44:00 PM
From: Johnny X  Read Replies (1) of 453
 
There's nothing wrong with the company, it looks like one person decided to sell quite a few shares; perhaps they were hit with a margin call, or whatever, because they put them on the market all at once, which caused the price to tumble; their lack of thought on how to sell, or bad luck, as the case may be, is the gain of those who came in and bought. Needless to say, the sudden sell also probably scared off investors who were responding to the last press release, drying up buying which had drove the price up 10c in one day, even though many U.S. buyers weren't able to participate due to Labor Day. Sad for the seller. Great for the buyers, though. It looks like the block of shares has been moved off the market now.
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