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

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To: Cavalry who wrote (166)9/9/1998 1:27:00 PM
From: Sai P. yandamuri  Read Replies (1) of 518
 
Cav, I agree with U that we need more volume but disagree with U that shorts are gone and they already covered in 60 to 90cents range. The reason is : If shorts have already covered, Stock price should have gone up, atleast temporarily. Instead, even with heavy volume a month ago betn 80 to $1 range, this stock never really went up. I am believing there are still plenty of shorts out there that need to be covered.
May be U can help me explain about this pattern. I do agree with U that this stock will go back to $3 level once lawsuit is dismissed.
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