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Microcap & Penny Stocks : AOXY, diverse,undiscovered in the investment community -- Ignore unavailable to you. Want to Upgrade?


To: makin_dough99 who wrote (567)11/3/1999 12:20:00 PM
From: OLD JAKE JUSTUS  Read Replies (2) | Respond to of 835
 
I believe that I asked that question last evening. Are the accumulators in for a quick buck, or for the long haul? What do you see?

"One always wins when they take a profit." SusieQ, November 2, 1999, paraphrased

How true!



To: makin_dough99 who wrote (567)11/3/1999 12:56:00 PM
From: OLD JAKE JUSTUS  Respond to of 835
 
Re-posted from the Raging Bull:

>>>

By: Ga+Bard
Reply To: 781 by camp_e
Tuesday, 2 Nov 1999 at 8:33 PM EST
Post # of 787

Well when a stock is trading in this range a trade from .035 to .04 is .005 gain. Now a smart
day trader will play that for a quick 14% ... In and out in a flash.

They will play it hard too. take 28000 shares per 1000 dollars and you can see it is not hard
to run up the volume and never have a share accumulated. Gosh knows I tried for two days
before filling in the .035 range.

Now at .05 that is a 42% gain ...

The bottom line is the longs have to accumulate more than what the day traders are playing.
Once the days traders are scared of a fall back they quit playing it. Then like today it grows all
of a such and starts holding.

Now the MMs may play it down to get sells which they will be happy to sell someone at a
higher point.

Just has to stablize with accumulation. AN MM can swap 10K of shares around and make it
look like 100K.

This is what I have watched happen over the past few weeks.

:-)

GB>>>



To: makin_dough99 who wrote (567)11/3/1999 2:17:00 PM
From: Spark  Respond to of 835
 
Probably daytraders..



To: makin_dough99 who wrote (567)11/3/1999 6:47:00 PM
From: Ga Bard  Respond to of 835
 
Presence ... there is not a convertible debenture. In January it was bought back from IMA. AOXY I believe was hammered down by that pruchase and issuance of a debenture.

From the filings:

PURCHASE AGREEMENT OF 1/29/99
On January 29, 1999, pursuant to the Purchase Agreement
of 1/28/99, Advanced Oxygen Technologies, Inc. ("AOXY")
purchased 1,670,000 shares of convertible preferred stock of
Advanced Oxygen Technologies, Inc. ("STOCK") and a $550,000
promissory note issued by Advanced Oxygen Technologies, Inc
("Note") from Integrated Marketing Agency, Inc.("IMA").
The
terms of the Purchase Agreement were: AOXY payed $15,000 to
IMA, assumed a Citicorp Computer Equipment Lease,
#010-0031648-001 from IMA, delivered to IMA certain tangible
business property (as listed in Exhibit A of the Purchase
Agreement), executed a one year $5,000 promissory note with
IMA, and delivered to IMA a Request For Dismissal of case
#PS003684 (restraining order) filed in Los Angeles county superior
court. IMA sold, transferred, and delivered to AOXY the Stock
and the Note. IMA sold, transferred, assigned and delivered the
Note and the Stock to AOXY, executed documents with Citicorp
Leasing, Inc. to effectuate an express assumption by AOXY of the
obligation under lease #010-0031648-001 in the amount of
$44,811.26, executed a UCC2 filing releasing UCC-1 filing
#9807560696 filed by IMA on March 13, 1998, and delivered such
documents as required. In addition, both IMA and AOXY
provided mutual liability releases for the other.


:-)

GB



To: makin_dough99 who wrote (567)11/3/1999 7:05:00 PM
From: Ga Bard  Read Replies (1) | Respond to of 835
 
As far as the selling ... it sure upticked on selling. This level is the double out from the .035 - .04 level. Typically we see this stall as the MMs trying to shake out the BTS shares and day traders.

It held VERY well today. I was surprised. I BTSed at .08 today and ready for whatever now. What I like about position trading is you place an order and forget about it. The bid never hit .08 but they surely took mine. I think two others filled there also. I love it when a stock takes sells at the ask. Only way to trade.

Anyway I got Free shares so up or down I do not care.

:-)

GB