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Microcap & Penny Stocks : Ameriquest AMQT (formerly AQS) -- Ignore unavailable to you. Want to Upgrade?


To: Harold Feller who wrote (320)2/25/1998 5:48:00 AM
From: Arthur Tang  Read Replies (1) | Respond to of 484
 
Thank you, Harold. It is overbought, for a cheap stock by a lot of small investors. OTC-BB is the only exchange to go. AQS specialist will go with them to OTC-CC as a market maker, with all that cheap short interest. Otherwise, Philadelphia, Chicago, Denver or Boston regional exchanges, which will mean the end of this stock. The regional exchanges just do not have the resources to maintain a market of most stocks beyond pennies.

This action of delisting came so late; only means the specialist talked to the AQS management and the management can not turn the company around, and becomes uncooperative. The specialist may get them a change of management by this action, to warn the parent company Computer2000. Computer2000 may have to write off the value of their AQS stock. Of course, the parent company may want to buy us out, AQS is a $75 million company; then the specialist will have a problem. Unless investors satisfy the short interest before March 10, by selling back to the specialist. Delisting is a good way to buy back borrowed stock.