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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks

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To: one_less who wrote (6918)	6/11/1998 4:15:00 PM
From: Daniel Miller	Read Replies (1) of 8835

AIGI (Adair Int'l Oil & Gas) -- pros and cons as I see them. Pros: Relatively small float (8.9 M shares), significantly undervalued (planned IPO will be at 0.75/share), reason why stock is at current level is because of MM shorting (see details at start of thread), very good prospects and new financing (see last two news releases), little SI attention (not ruled by past or present daytraders), very committed SI shareholders who are simply buying more on dips and holding (see thread), moves well on little volume (+56% at last breakout on only 500K shares traded). Cons: At least some MM's are shorting the stock (however, given extended buying, this could be significant PRO as could result in situation very similar to CSMA in 11/97) I hope you will agree that if there are some Mr. D's on your "sleeper stocks" thread, that they could easily 3X or 4X the $$$ in those deep pockets simply by paying some attention to AIGI for a few weeks. Thanks and happy trades! -eric thurston (not currently a member.) He asked me to post it for him though.)

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