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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (10343)6/20/1998 12:10:00 AM
From: White Shoes  Read Replies (1) of 18691
 
Say Roger, I'd like to know the same thing! Talk about printing money! No reputable company resorts to these tactics and we're just scratching the surface!

By contrast a 2nd (ok maybe 4th) tier company on Vancouver, Alternative Fuel Systems, has a market cap of $50 million but they have actual contracts and earnings and a viable product to reduce diesel emissions! When you see what the real companies are doing, it is easy to see why AENG will never be worth $300 million. Of course they are non-reporting to the SEC! Crash to $1 is coming, but when? Doubt it will ever break $20 again, the weekly chart shows that it didn't really break $20 even when it traded up to $25...just a short spike on the chart and now, down steady to $1 and $0.

I know that an engine company and a fuel cell company shouldn't be necessarily compared but tell me they aren't riding on the Ballard hype for this play.
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