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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid

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To: InvestLady who wrote (2768)3/2/1999 6:10:00 PM
From: Rande Is  Read Replies (1) of 9115
 
Just so you know some history on AAFGQ. . .it used to be AAFG and was pumped heavily by La Jolla Capital. . . [my guess is they then went short]. . .in a very short time it dropped from 6 dollars per share to 3 dollars per share to 1 dollar per share to the pennies. . . then it became AAFGD when it had a reverse split. . .then back to AAFG a little dilution, then became AAFGD again with another reverse split. . .then to AAFG. . some more dilution, now it is AAFGQ . .with Q standing for bankruptcy.

If I am not mistaken, 1000.00 bucks "invested" in the last half of 1997 would be worth .46 cents today.

They were to have signed a deal with Host-Marriott over a year ago. . but that never happened. . .the bagel stores just could never make any money. . .there was a real boiler room operation going with outbound calls soliciting shares for about 6 months from 6 dollars down to 1 dollar. . . .

I am sure, they probably have changed management and who knows what else. . .but all things considered, would I want to hold this stock overnight? Take a guess.

Rande Is
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