Airstar Technologies, Inc. (ASTG) Message Board

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

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To: Go Team who wrote (378)	2/23/1997 4:27:00 PM
From: uu	of 3967

Dan: > Why is this stock being shorted? Please read my post #375 on this thread. The question is not Why is this stock being shorted!!! The question is HOW IS THIS STOCK BEING SHORTED if no brokerage house allows you to short this stock!!!! In otherwords why do XECM share holders on this thread have this feeling that XECM is being shorted!! Trust me NO ONE IS (and CAN NOT EITHER) short XECM! If you dont believe me call any brokerage house, any broker and ask them if you can short this stock! Anyway, again I do not care about this stock since it is under $10 and worse it is a penny stock. I have no position and will never ever have any position in this stock either during my life time! The only reason I am curious about this stock and find this thread very fascinating is first a couple of good friends of mine were sucked into buying this stock by a crook about 1 year and half ago and I am just interested to follow this stock as a case study (!) and secondly I read so many comments on this thread that the stock has huge number of short sellers, etc. while in fact there can be NONE (!) if the stock can not be shorted in the first place. If I am incorrect and anyone has any sort of document to prove that xecm has short sellers I apprecaite that. xecm, in my humble opinion, is a sucker's dream of getting rich quickly. But I dont understand why then the share holders dont go to Las Vegas. At least in Las Vegas you get a free drink! Look at the outstanding number of shares, and then the price. Even at 20 cents a share this company is extremly overvalued considering its balance sheet, sales growth and earnings and potential of future growth in the industry this company is in. I am a value investor (long) and do not ever short a stock and play that sort of game. But believe me if xecm could have been shorted this stock would have had so many short sellers you will not believe and the price would probably be right now at 1 penny a share!! In my humble opinion the only reason xecm is never going to go up ever (and I know one should never say never) but believe me by looking at the facts (such as xecm's balance sheet, and the rate of sales growth - forget about the earnings for now - but just the rate of sales and revenue growth) this company just like it switched from a real estate company to a telecommunication company (!) it will most likely switch to a company selling lands in Mars pretty soon and get out of the telecommunication business all together! Why would anyone want to put money in xecm when there is Intel, Sun Microsystems, Microsoft, US Robotics, ..... It sure beats the heck out of me! Again if the reason is mainly playing the Russian Rollet then why not go to Las Vegas. You can at least get to see free shows and get to have free drinks! Regards, - Addi Jamshidi

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