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


To: AL RICE who wrote (5080)3/7/1998 8:01:00 PM
From: Anthony J,Castellano  Respond to of 9569
 
In for 6 months,I think its profit takers?



To: AL RICE who wrote (5080)3/9/1998 1:16:00 AM
From: Loren S.  Read Replies (1) | Respond to of 9569
 
<<I've been with this one for four months. Have you any insight as to why
the huge HUGE volume lately, and not a real burp in the price ?>>

My guess is that the history of this stock is responsible for the hesitation. The first time this stock ran, it ran all the way to $.90. Then it fell slowly and steadily to almost 0. In the past year or so it has blipped up now and then, but the price always came back to $.01 plus. So I think that investors have very little confidence that this can go up and stay up. The traders have made good money just getting in and out with quick doubles and triples. We need to see some real meaty company developments and real profits to see a significant increase in stock price and not just another temporary blip. Hopefully investors will get such news on the 12th.