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Microcap & Penny Stocks : ALDM - Anyone know anything about this company?

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To: P.E. Allen who wrote (88)6/5/1998 10:24:00 AM
From: JIN CHUN  Read Replies (1) of 381
 
PE, this is just my opinion, but since this stock has such a small float, and given the volume over the last 2 days, there must be some large short positions. I was watching the trading yesterday, and except for the end of the day, even small buying pressure seemed to be moving the bid and ask up. It would be interesting to see a tally over the last 2 days of buys and sells.

Does anyone know if the name change forces covering by the short positions? I'm not sure on this one, but if it did, whooooooooo!

Plus, the stock seems to be underpriced to begin with. Thoughts?

Jin.
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