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Microcap & Penny Stocks : Airstar Technologies, Inc. (ASTG)

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To: NCKEV who wrote (377)2/22/1997 9:57:00 PM
From: Go Team   of 3967
 
You should go back and read all of my prior posts. Something is just not right when the only way for a compay's stock to appreciate is for the investors to take delivery of their shares.

As I said, I was in this stock when it was VPRO. I bought it at $1.125 and sold it about 3 months later when it was XECOM at $3.25. Let me tell you, however, it was a wild ride. In that short period of time the stock had 4 major swings where it would go from $1 to $2 and back again in a matter of days. I thought that the SEC was on its way.

The guy I bought the stock from was telling me that there was something going on when people in the company were flying back and forth to Utah with something like 1.5 million shares of stock. When I inquired about this, of course there were denials, but the guy who sold me the stock told me his dad was on the plane.

Why is this stock being shorted? Who knows, but if the company is for real and going great, who would want to short at this stage? It does not make any sense, but it all comes back to the fact that I have never heard of a company that in order for its stock to appreciate, all shareholders need to take delivery.

Good luck to all, and buy under 75 cents and sell on a dollar.
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