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Microcap & Penny Stocks : ALDM - Anyone know anything about this company?
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To: Sapper MSG who wrote (95)6/5/1998 1:49:00 PM
From: JIN CHUN  Read Replies (1) of 381
 
Thanks for the link Sapper! I just talked to Mr.Brodzik again. Very informative. The underwriter is trying to get the stock on the German exchange also and is setting up some big buying to support the stock. They want to get the stock up to the $5-$7 range, and he's not very happy about the shorting going on. I pressed him on the estimate of the joint venture concession(of which they have 50%) and he said that it's been estimated and projected out to be around 1.5 Billion. They also have a couple of other concessions they are working on, and got in at the right time, since the government will soon be locking out the area.

My suggestion, hold tight, the shares are short, and there's big buying being lined up.

Jin.
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