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Microcap & Penny Stocks : Aqua 1 Beverage - V.AQB on the Vancouver Exch. -- Ignore unavailable to you. Want to Upgrade?


To: fubsy cooter who wrote (290)5/27/1998 2:44:00 PM
From: Johnny X  Read Replies (1) | Respond to of 453
 
There's nothing wrong with the company, it looks like one person decided to sell quite a few shares; perhaps they were hit with a margin call, or whatever, because they put them on the market all at once, which caused the price to tumble; their lack of thought on how to sell, or bad luck, as the case may be, is the gain of those who came in and bought. Needless to say, the sudden sell also probably scared off investors who were responding to the last press release, drying up buying which had drove the price up 10c in one day, even though many U.S. buyers weren't able to participate due to Labor Day. Sad for the seller. Great for the buyers, though. It looks like the block of shares has been moved off the market now.



To: fubsy cooter who wrote (290)5/27/1998 9:28:00 PM
From: Johnny X  Read Replies (1) | Respond to of 453
 
To Fubsy and all - Just a short history of the stock price: it's been down on low volume for the last two weeks or so. Then on Monday, with the press release, there was a 10c rise; on Tuesday, someone sold into this with a lot of shares, and the price went down. Today they still had shares to sell (left over from yesterday) but after that was completed, the stock stabilized and went up a bit, not exactly recovered. I'm not surprised that some people panicked and sold stock due to the price decrease. Sad.
Without wishing to respond to innuendo, I'd nevertheless like to note the following:
Fact: the stock price is down right now. It has not been "going down every day" and in fact went up on Monday rather nicely, before the one person placed a large sell-order on the market. Fact: the information on the company is positive. Fact: the company has good people working to make products and increase distribution. If one doesn't work out, another will. Likely outcome: the stock will go back up soon enough, and this summer make us all very happy. The people buying now will be very happy they did; the people selling, well... sad for them.
Here's something I'd like would-be bashers from other threads to consider: when most airlines do well, all rise with the tide. When one of them does well, there is more interest in all of them. As AQB does well, most likely investors will look at other companies in the same genre. We all know what happens when IBM or Netscape or Sun Micro report earnings which surprise -- even just one of them -- the price of the stock in the whole industry responds. The fact Clearly Canadian and other small cap beverage companies are making headway is a plus for AQB, not something likely to harm the price but instead proof of what can be done. As it turns out, AQB is probably better proof of viability in this regard, given the contracts and distribution they've achieved so far just this year, since they reorganized late last year. Last I looked, a person can buy about three times as much AQB for the same amount of money as CC. I expect CC to do well, but in all fairness, AQB (which, btw, does not compete directly with CC with AQB's new products) is a better prospect at this point.
Re: margins, we should all note that the markets in general are not doing well. I've been in a position before, and anyone who's dealt with margins over a long period of time probably has had the experience at least once, where I sold stock that was not on margin to cover stock on margin. I'm glad I did it; it worked out for me. I would not sell this stock to cover a margin, but that's my opinion on the relative value and likelihood of what this stock will do, vs. most other stock. BTW, I've had this stock and other penny stocks in my margin account before; I don't at present, but at one time I did. It's called "house margin."