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Microcap & Penny Stocks : Advanced Encryption Technology (AETI) Goes Public w/a Bang
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To: caly who wrote (435)12/17/1998 11:13:00 PM
From: Sai P. yandamuri  Read Replies (1) of 518
 
Calypso, I will have to disagree with your views that this ride in AETI is a PUMP & DUMP scenario. Although I was wrong several times on this stock in the past 6 months, May be the time has come for this stock & all other depressed data encryption stocks, In general.
If U really look at it, this stock has been showing strength(Meaning going higher or unchanged on HUGE Volume & going lower on LOW volume) for the past 2 to 3 weeks. This is the FIRST good sign as this stock despite several positive announcements in the past 6 months has been going nowhere but DOWN. Perhaps, Like I said in one of my earlier posts, NO NEWS is GOOD NEWS for this stock!! IMO, the stock will settle in a trading range here (30 to 40 cents) before the next major move happens. If U look at JAWZ, One of its competitors had a similar run over a month ago (from 15 cents to 50 cents+) and now settled in 45 cents+ range. Had it been a PUMP & DUMP scenario, JAWZ would have been trading much lower than 45 cents. It clearly shows Data encryption software stocks are moving into rather stronger hands and this may continue for a while. In cases like this, a major news release such as FIPS certification will safely take AETI to about $1.
So, the KEY is Can AETI sustain its upward movement ? If It does, Well, Happy days are here again!! One thing is sure though... There will be certainly more activity on this thread!!!

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