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


To: Justin Step who wrote (4917)2/27/1998 5:42:00 PM
From: gtoland  Read Replies (1) | Respond to of 9569
 
Justin,

OK, Why? I am serious. I haven't a clue.

gary :)



To: Justin Step who wrote (4917)2/27/1998 6:05:00 PM
From: Christopher A. DeMartino  Read Replies (1) | Respond to of 9569
 
O.k. Justin, I also noticed this and I believe you are definitely on to something here. Can someone please explain how such a large order could go through and fill without any significant price change. I believe you or someone said it was taken some time to fill these orders. Could it just be that they post it when the whole order is filled or are they trying to make us believe that a 2M share trade would only jump the price up to the then current ask and the very next trade could bring it right back down to the current bid even if it was only for say 10000 shares? I've held some adgi for over two years and I've seen some pretty wild swings, but this is new to me. Something is definitely happening here. I know that with penny stocks MM or whoever can make the stock swing with relatively small amounts traded. But this appears to be pretty obvious that someone is definitely holding this one down, if in fact all of these Multi-Million share trades have all been on the buy side. Wow!!! Anyone, please enlighten me! I am definitely looking forward to Monday, I'm sure a lot of information will be shared over the weekend and people will be jumping on this train or someone will come up with some information to make us doubt the validity of this company. I have no reasons to doubt them or the Dr. at this time so I have my ticket and I'm on the train. Lets pull out of the station!!!



To: Justin Step who wrote (4917)2/27/1998 7:32:00 PM
From: Hubert Few  Read Replies (1) | Respond to of 9569
 
Justin, such "corrections" are common in the under $1 crowd. It may be that some of the "trade errors" of the day are taken off the books through a series of transactions which may *appear* to be large block buys or sells. Theories abound as to this sort of thing, but it is quite commonplace.

Clearly "Da Newz" is priced into the stock already. There are loads of groundless rumors circulating at any given time about this and other stocks, mostly not worth even a mention. Once in a while they will make it to a "legitimate" stock broker's desk and he/she will call a few friends and they will together cause a stir as they remark to their clients on how such and such a micro-crap stock is "moving".

The party is probably over for now....everybody move on!

Cheers!