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Technology Stocks : Advanced Engine Technologies (AENG) -- Ignore unavailable to you. Want to Upgrade?


To: Judy Muldawer who wrote (221)5/20/1998 3:02:00 PM
From: Greg Cummings  Read Replies (2) | Respond to of 3383
 
IMO and the opinion of some knowledgeable brokers who've been watching the action here, there's at least one Market Maker who was shorting AENG heavily. On the other side, the MMs who were in strong support decided to stop taking the stock in and let the shorts rule for a short while. There's likely to be significant support in the upper teens and lower 20s. This may tempt the shorts to cover, moving the stock higher.

Look at the news...........ALL the news is VERY BIG for AENG. Nothing has changed for the company except that things are getting better. This is a few MMs playing games with your money. It's no fun, but it's a fact of life in the market.

Best of Luck, Greg



To: Judy Muldawer who wrote (221)5/29/1998 10:29:00 PM
From: John O'Neill  Respond to of 3383
 
Judy Muldawer'

I would be cautious before commiting additional funds to this stock.
Have you found more info?