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Microcap & Penny Stocks : American Millenium Corp. Inc. (AMCI) -- Ignore unavailable to you. Want to Upgrade?


To: GARY P GROBBEL who wrote (252)7/27/1999 5:00:00 PM
From: Richard L. Williams  Read Replies (1) | Respond to of 341
 
Hi, Gary!
I am on midnight shift this week, so when I got up 20 minutes ago and checked my stocks, I thought, "Wow, AMCI made a nice move today!" Then I saw the news, and thought, "WOW--THAT'S GREAT NEWS!"

And it is. But then I see the stock peaked at 55&#162 and retreated on heavy selling, and I wonder what's up with that. A look at the trading log indicates evidence of day traders loading up at the beginning of the day and unloading around 2pm, so the writing on the wall is clear to read.

I hope they drive it down further--I am need to free up funds to average down. I was waiting for a good reason to do so, today was finally it.

Cheers!
Rick