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Microcap & Penny Stocks : APPAREL TECHNOLOGIES, INC. (APTX-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: cloud break who wrote (126)6/2/1998 12:47:00 PM
From: Gogo@SI  Respond to of 517
 
>> IMHO, this stock is under accumulation but i'm a little suspicious about the ease at which they let shares go at 13/64.<<

Danny,

that's exactly what makes me a little nervous. Regarding the fact that MMs are controlling the ask and the bid, it seems that they try to force private investors to dump their shares while the MMs keep accumulating. We could sit back and wait until the MMs stop this game and let the stock rise. BUT, before that, where are they going to press the stock? They brought it down already from 3/8 to 3/16 within 2 weeks. Is this the bottom line. I'm not sure what I will do if the stock remains at these levels for another 2,3 or more weeks. It would be dead money. I only can hope, that MMs let the stock go very soon.

Gogo