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Microcap & Penny Stocks : AWLT wines and gourmet food - Italy Direct -- Ignore unavailable to you. Want to Upgrade?

To: Vince Di Lullo who wrote (677)	3/18/1998 6:46:00 PM
From: Slim Pickens	Respond to of 2595

Yes. Three million shares traded on Nov 4 & 5 and the price spiked up to .75. Some people made money that day but the average investor did not sell, he bought. Between Nov 6 and Dec 31, there was probably some tax loss selling, but my review of the volume of trading gives me the feel that the price drift downward is people "giving up" on their position as they lose faith in the future ability of the company to perform. I'm just on the other side; I have faith because of the revenue growth, I like the number of deals that have been completed, and I love a party. :)