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Microcap & Penny Stocks : ATTP Affordable telecom -- Ignore unavailable to you. Want to Upgrade?

To: LORD ERNIE who wrote (336)	7/17/2000 11:20:41 PM
From: Scottey	Read Replies (1) \| Respond to of 580

Maybe the interest is here, we just can't see them. We have been daytraded, shorted and beaten all the way down to this low by some kind of interested parties. They've got to still be here somewhere. Maybe they are hoping you and I don't plaster ATTP all over the net yet because they are waiting to cash in other stocks before loading up again. Maybe they think they still have a little time before a launch of a new investor campaign and an excellent filing that could come out VERY soon. I hope the interest doesn't go too far away thinking it's going to stay down here for a long time. It would terrible if an unexplained momo buying frenzy kicked in and the interested missed out, HAAAAAAhaaaaaaaa..... I'm sure glad I held and bought more while there was no interest because getting a lot now is going to be hard.

To: LORD ERNIE who wrote (336)	7/18/2000 12:36:03 AM
From: Katie Kommando	Read Replies (1) \| Respond to of 580

Here is an interesting article on calling in your certificates: otcnn.com Calling in your stock certs - who does it hurt? By Giando Argentina Published by OTCNN.com 07/10/2000 10:08 AM CST Over the weekend, I received an e-mail from a reader asking me to look at a message board where a group of investors had decided they would call in their stock certificates. By calling in I, mean they want their certificates sent to them. In their opinion, this will prevent the stock from being shorted, by MMs and others. While it may be a well-intentioned plan, it seems to me to put the investor at a great disadvantage. The worst situation I can think of, as a trader, is to not be able to sell my stock when I choose. When those certificates are sitting in my home office my hands are tied. If the company releases a negative PR, I have to go to my local FedEx office and overnight certificates. There are many surprises in penny stocks that arise on a regular basis; not being able to trade your shares makes investing difficult. Note that, many brokers will not sell stock that is not already in your account, especially with today’s shorter T+3 settlement period. The argument can arise that if the investor is a "true long" and does not plan on selling shares for a long while then calling in certificates is worthwhile. Again, I don’t trust a company like General Motors enough to call in certificates, even if I plan to hold the stock for fifty years. I could not ever put myself in a situation that would not allow me to preserve capital or maximize profits. The argument that I picked up from reading these message boards is that the MM naked shorting would be much more limited. However, if the MMs are naked shorting shares that don’t exist then how would calling in certificates prevent that? Naked shorting, by definition, is shorting stock that has not been borrowed. I have to admit that shareholders banding together to combat the MMs does have a patriotic ring to it, but investing in the OTC market is tough enough, the last thing I would want to have is the ability to trade a stock taken away from me. One must really think before taking this kind of action. Calling in certificates involves, in my opinion, more risk than blindly picking a penny stock and hoping it goes up instead of down. If you make the wrong choice on a stock you can sell it in literally seconds, but if your certificates are on your desk, you are out of luck. There are many companies that I thought were as solid as they come, only to be blindsided later. Being able to correct a mistake by selling your position with a minimal loss is key to successful trading. Think long and hard before making the decision to call in your stock certificates, because if the worst happens, you may be using them to wallpaper your living room.