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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Rock_nj who wrote (26941)	6/23/1998 8:30:00 AM
From: WRAP_IR	Respond to of 34592

Source is the Opportunist Magazine -- just responded to another message, I was wrong, it was only 400,000 shares that are given to promoters to artificially hype the stock to brokers, who, after getting a quick .375 - .75 rise in the stock price, will blow the position out, leaving the rest of the shareholders holding the bag. These PR firms work a stock for a couple of months, get some brokers in the stock PUMP it up, then DUMP their shares. Then the brokers (who work the stock for leads, not the company) blow out, leaving the stock at lower levels that when it started. It's not like INFE MTEI and EDII -- ordinary shareholders held the stock -- ordinary shareholders took profit. There were no promoters or brokers "working" the stock -- that's why the stock went up -- AAFG while they have promoters behind them -- is just on a slow steady eroding decline Also, 99% of BB companies who hire PR firms want to blow shares into the market themselves, because they did a financing at a 50% discount to the market. This is AAFG's second go around in the PR game in less than a year. They gave Inside Wall Street (Continental Capital) $200,000 worth of stock to promote them last fall. Company must have a ton of stock to blow into the market