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Microcap & Penny Stocks : ADGI - American Diversified Group -- Ignore unavailable to you. Want to Upgrade?

To: grw5 who wrote (4785)	2/25/1998 12:15:00 PM
From: John D. Morrison	Respond to of 9569

I'm not saying they're short. Although it wouldn't surprise me. Short or Long, there has been a tremendous amount of buying over the past week. Can't be churning, because buying has outpaced selling. The behavior of this stock's price only underscores the fact that MM's have far too much power to arbitrarily and capriciously play games with stock prices. As I understand it, the original purpose of the MM's were to "enable" the market, to make it possible to trade shares without delay. Instead, they have become the predators of the the market, ruthlessly cleaning out investor after investor, interested only in serving their own ends. It's far past time for major reforms. John M.

To: grw5 who wrote (4785)	2/25/1998 12:21:00 PM
From: John7777	Read Replies (1) \| Respond to of 9569

George, I think you are correct. There is plenty of this stock out there. I'm not sure how anyone can even think that there may be anything near a short squeeze here. Between 160-180mill outstanding shares??? short squeeze?? NO WAY!!Maybe the hypsters are still moving out of it which is fine. Hopefully it doesnt move all the way back under .02..cause they will jump right back in. Now, dont get me wrong, doing that and making money at it is fine. However, those long termers looking for the REAL KILL will just have to be more patient and wait a bit longer. Hopefully one time this thing will break out and really move up and those short termers will help us out as they chase it:) The company needs to follow through on all it has said also, if they dont then the .015-.05 range is where we should all be trading:) john