To: Trader X who wrote (1881 ) 1/4/1998 11:24:00 AM From: tech Read Replies (3) | Respond to of 3391
Mr. Hansens views countered one by one. 1. >> Bollinger bands are useless at predicting a bottom or reversal of trend. << I did not use the bollinger bands for my analysis, I just posted what they were at. 2. >> As for major shareholders not letting the stock drop below $4... that's also nonsense. Insiders are the major shareholders and they have to register intent to buy with the SEC first. We would see that coming ahead of time. << Wrong again. Anyone who has more than 5% of stock in a company is considered to be a major shareholder. These shareholders have an inherent interest to see the stock on NASDAQ. As well as the MM's who trade the stock. 3. >> Also, the $4 price bottom for a NASD listing is moot, since SCGI is still has an NASD stock trading investigation open--unresolved--that will prevent them from getting a listing anyway. Result: $4 floor is not a factor. << EXCUSE ME!!!! "STILL HAS A NASD STOCK TRADING INVESTIGATION " You have now, as angel has several times, posted FALSE and MISLEADING information on this thread. Since you have previously seen the information regarding the NASD ROUTINE REVIEW (that was done over a year ago), you know that there is no "INVESTIGATION". Since you were made aware of this, your intentions here are clearly shown. Furthermore, who has told you that ConSyGen can not get a NASDAQ listing based on this review that happened over a year ago ? If you have talked with anyone at NASDAQ, please post their contact information on this thread. If you fail to do so, it is clear that you have not talked with anyone at NASDAQ and you are purposely, intentionally, and knowingly, posting false and misleading information about a publicly traded company. The word " investigation" has not been used in any SEC filing or in any information notice either from NASD, ConSyGen, or the SEC.