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What e-mail address did you use. I have e-mailed investor relations twice with comments and questions about their web sites. They never responded. I have also requested an Investor Packet twice, and have not gotten it. If the Chairman wants to make a positive impact on the stock, then he should do a press release stating what he told you. I would think that with a 65% drop in price in about a week, that would be the least he could do. I didn't realize that any and all publicly traded stock was fair game to be shorted, such as this one. I called my broker and he said there were certain margin requirements that had to be met by the stock before it could be shorted, and it was highly doubtful that this one met them. I did not ask him what the specific requirements were. Also, can you explain the statement, "AWEB does have several wholesale makers, but unfortunately, some may be shorting stocks". If you assume the stock is being shorted, does this statement mean the Market Makers are shorting the stock for their own accounts, or are they shorting for the traders/investors? Last question/comment. If insiders did sell the stock recently, would this be ethical, and/or legal. Did you happen to ask the chairman if any insiders had recently sold shares? By the way, if I can get more shares at the price it closed at today, I'm going to get some more. |
