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

To: Jgilbert who wrote (6002)	3/27/1998 10:52:00 AM
From: Rasiel	Respond to of 9569

Bud, please hold your investment advice. If I feel like selling at .055 then that's my business and the last thing I need is sermonizing. A 20% gain on ADGI is allright with me because insofar as I see things this stock will have a hard time getting to a dime a share. Let's not be so cynical as to suggest that those who daytrade are the evil ones and the MM's are the hard-working type looking to increase shareholder value. The MM's are daytraders themselves and their first and foremost concern is to make a buck any which way they can. Just like you and me. I don't fault the MM for making money buying and selling and daytrading as much as they want so long as the playing field is even. The playing field is not, however, even when they illegally short (a common enough practice apparently). Add to that the fact that they and they alone have the significant advantage of being able to short a penny stock in the first place. Man! If I could only short a penny stock I'd be making money hand over fist with every 2-day barn-stormer BB out there. That's not the case and the fact that I continue to trade in BB's demonstrates that I'm willing to play the game on their terms. I take offense to being lectured by yahoos who think they got the "touch" and know that XXXX will get to $x.xx in a matter of days if it was only for people like me who sold before their time. As far as I know no one invests in the stock market for philanthropic reasons. Everyone is here to make money and, when it comes down to it, could care less about the company they're investing in so long as it benefits THEIR bottom line. So your actions are no nobler than mine nor anyone else's. What it comes down to are hunches and timing. Just that my hunches are less rosy and I'm more trigger happy than you. When I sell at .05 I'll congratulate myself for having made $400 on a $2,000 investment. I'll be happy to congratulate you for becoming a millionaire when you sell your ADGI shares at $30 (if I'm still alive). Ras