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


To: grw5 who wrote (5616)3/13/1998 11:59:00 AM
From: John7777  Read Replies (3) | Respond to of 9569
 
A few more items:

First off, Mali is a very stable area in africa. ADGI has a strong hold there based on who was at the meeting. This is refering to someone saying why africa. Plus, these are the countries that NEED the pharm, so it makes pretty good sense to be there in my opinion.

I'll repeat again that Brazil will be a huge contract. After speaking to emerging trends reps, Ms. Paxton from integrated and Dr. hinton the one thing that held true was, they all told the same story. The only thing that varied was the time line which was 15- 30 days . considering on who they are dealing with it is hard to predict exaclty when this could happen. It could happen sooner also.

My gut feeling is that they are being very cautious because of past mistakes. But they are confident also, though they temper it well.

They can't control the stock price, so to say its the same old thing may be true in that area. But, they have a legit chance to pull this company out of penny areas if things keep on progressing. The stock price will follow that lead in due time.

Between telcom and pharm they are also looking to go into other areas, since they have the contacts, why not use them for other product ie the telephonetics.....the key is the contacts in these countries.

As far as others that were at the meeting, we sat with 2 guys prob in their 60's claiming to have millions of shares and are happy with the way things are progressing.

The buyout was BS from the start.(NOT FROM THE COMPANY)
The buyback is something that could happen in time,,,it will not be with the first revenues they make. They need money to operate like anyone else.

I think the best thing to do is take the info the co. gives you and base your strategy on that. All the BS and rumors on here are not a help to the company or the stock,,we know who it helps. If they land that Brazil contract, alot of the past will be history, as it should be.

Anyway, any other questions you can email me with...

john



To: grw5 who wrote (5616)3/13/1998 12:24:00 PM
From: John D. Morrison  Read Replies (6) | Respond to of 9569
 
I'm feeling a little less despondent, now grw, thanks. I was beginning to sound a little like Jane there. : - ).

To understand why I'm getting so ticked, you have to realize the run of bad luck and bad decisions I've been through over the last 2 months.

I started out with a solid position in FIBR, a portfolio worth about 5 grand. I know that's small potatoes to most people, but to me it's the last hope I have of escaping the rat race.

I got shook up by an announcement that Lucent or ATT or somebody was coming out with a competing product. I was afraid they would wipe out FIBR's market share. So I sold out, figuring to beat the rush.

Instead, FIBR went up over a dollar, at least for awhile.

Next I went through a slew of companies. Some I made a little on, but most I either broke even or lost on. I had 10,000 shares of UNFC at one point, and sold out just before they announced a reverse split. I bought at like .08 and sold at around .18. Thought I'd really pulled off a major coup.

So after they had their reverse split, guess what? They became REMH and their share price went to 2.25. Thats TWO DOLLARS AND TWENTY FIVE CENTS !!!! I about sh**t myself. I coudln't believe it.

Then I heard about a hot new stock that was gonna explode. har har har. TVSI. I could have bought it at .08, but I decided to wait over the weekend. I placed a market order before the open the following monday, figuring to hit .08 at the open. NOT !! The #$@#@#$ MM's raised the ask to .22 before the open, sold me my 10000 shares at .22, then promptly dropped the bid back down to .08 in about half an hour. By the time I logged on to check on my order, it was all over with. It was a classic pump n' dump.

So I decided to get smart. I'd start scanning for companies that were showing big volume on no news. Get ahead of the game. I found
DYGN that way. Bought 10,000 shares of that. That's when I learned about flipping. At least I was able to get back out of it with
most of my remaining capital.

I found WAST the same way. I could have picked it up at .64. But no, I figured that no garbage hauling company would ever do much. I skipped it. Less than a week later they were at 2.25.

Then I got desperate. I had to recover my capital. It was do or die. I sold everything I had, including my JAXI shares that I'd been holding forever in the faint hope that it might go somewhere. I put it all into ADGI. ADGI was gonna do it for me. I thought about selling yesterday morning at .08+. But no, I knew it was gonna go higher after the news about the conference came out.

GGGGAAAAAAAAAAAAAHHHHHHHHHHHHHHH !!!!!

<sob>

Yes. I am learning from all this. Please don't pity me. I will overcome.