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


To: Bill Story who wrote (174)6/17/1998 1:54:00 PM
From: Tazman  Read Replies (1) | Respond to of 517
 
My guess is between the delisting, which should not have surprised anyone already in the stock, and the fact that the technology has been questioned because of the 100% cotton issue (the technology right now will not worked on something 100% cotton - a blend, yes), that brought it down.

The company put out releases right away to grease the skids, but to no avail. Also not helping is the raising of the authorized from 30 million to 60 million. For me, it's a hold even after the rise today.

Bill