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Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security

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To: SteveHC who wrote (1808)9/11/1998 12:15:00 AM
From: Jeffrey L. Henken   of 2534
 
Just a bit of rough technical analysis SteveHC. ALYA is definitely at risk of falling further. There is no firm base at this level at all. Once the stock broke through the 80 cent range it was in trouble from a technical stand point. Print out the chart I provided in the previous post to Jane and draw a line through all the lower points to estimate how far it could fall. You will see that I am right that ALYA could be trading below .50 soon despite the fact that the company is making great progress.

What could change that? Strong buying pressure as soon as possible.

Regards, Jeff
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