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Microcap & Penny Stocks : Advanced Encryption Technology (AETI) Goes Public w/a Bang

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To: Sai P. yandamuri who wrote (87)8/3/1998 12:40:00 AM
From: swedelo  Read Replies (1) of 518
 
Mr. Yandamuri,

CFG's credibility has suffered greatly with me as of late. I have personally invested in 4 stocks that they promote. When entering all positions I was told how they were ready to explode...so much good news coming out. They never lied, its just the news never was quite as good as expected and stocks continue to sell down even on the news. Also, they never seem to have an accurate account of shares outstanding and/or in float on any of the stocks. I aleays seem to find out later they are much greater than was first led to believe. They never seem to have an adequate explanation as to why the shares keep growing. As to whether to buy more of this company now or not, I honestly don't know. I have no idea why this stock has plummeted to essentially all time lows on a continuous flow of positive news. I am in at 1.72 and would love to average down BIG at this point myself. But, I have seen no indication of bottom yet, price falls a little each week with no seeming support level. That scares me. I cant believe all this sell down is due to possible litigation either. Bluntly put, I dont know and am scared to throw good money after bad. However from an entry point of view this looks great. Sorry I cant be of more help but I'm really driving blind on this one myself.
Swedelo
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