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Microcap & Penny Stocks : ALDM - Anyone know anything about this company? -- Ignore unavailable to you. Want to Upgrade?


To: Sapper MSG who wrote (186)6/24/1998 1:04:00 PM
From: Sapper MSG  Respond to of 381
 
Just spoke with the company. Waiting on new symbol. Could be any day. The company sent four or five symbols with the request. Waiting for reply and approved symbol. This is driving the press release and shareholder mailing for share conversion. Could be tomorow, or could take another week. Expect sooner than later.

Sapper



To: Sapper MSG who wrote (186)6/24/1998 1:08:00 PM
From: Sapper MSG  Respond to of 381
 
Yes, After dividend and conversion, I will have twice as many shares as I do today. COOL. The company di say we should contact the brokers and change our shares from street shares to certificates. If you have certificates, the company has you on their stockholder mailing list and will send youa conversion packet. If they are in street shares, the broker holding them will get the conversion packet.

I m calling my broker today and changing mine. This will also help control the shorting.

Sapper



To: Sapper MSG who wrote (186)6/24/1998 1:10:00 PM
From: Sapper MSG  Read Replies (1) | Respond to of 381
 
READ. If you don't have certificates, contact your broker and request them. The conversion will be easily done and we can have a damaging effect on the shorters.

Sapper



To: Sapper MSG who wrote (186)6/26/1998 11:26:00 PM
From: JOEY  Read Replies (2) | Respond to of 381
 
Hey Sapper and All:

Take a look at this post I found on SI. Its very informative.

A post from David Gore on INFE about shorters and MM manipulation. FYI.

WOULD LIKE TO SEE ALL SERIOUS "long" investors read and
respond:
I am posting this on a couple other threads, but not sure how much
we want to publicize this...would like your suggestions first. Many
of you here are very saavy. This is an issue that is killing the small
investor

***********
IMPORTANT READ FOR ALL LONG" INVESTORS ON SI: I
wanted to ask you all something fundamentally important to ALL of
us. It is pretty obvious that Market Makers are trashing good stocks
and bad lately. It is brutal...I am sure you have noticed.

Microcap 50 index is down 6 weeks in a row... some 14%

LOOK HERE... a must read on MM Shorting tactics. It uses ALYA
as an example but note how the MM's pump up to get maximum
ASK PRICES when good news comes out, and drop the BID
PRICE when things die down to panic investors into selling and
picking up cheap shares to cover. They can make 20% or more
each day by doing this on large amounts of shares. (please click on
the link below and see the excellent post)

NOTE: this is not only on really quality stocks like ALYA but
hundreds of others every day; in fact it is much worse on most
other stocks because long term investors are in ALYA who buy
dips

exchange2000.com

ANOTHER MM TACTIC:
Also, on most stocks, they are slowly walking down the Bid on
small sells and in some cases "walking down the bid" on buying!
They apparently feel that they can go short and get the share price
down eventually to cover. This happened on MTEI recently with 3
to 1 buys over sells. On SGNC they held the B/A firm even with
massive blocks of buying and good news, and then moved the
Bid/Ask down 20% when things slowed down. It has stayed there
and not recovered.

******** READ ON... THE BIG NEWS...massive scandal?
I have been playing detective, forming alliances with others I trust
with connections, and have even been interviewed by a reporter
for the Wall St. Journal (along with others in DGIV) doing a story
on BB stocks, MM manipulation, and PR firms that are even
shorting companies they are representing!

A MAJOR SCANDAL BREWING?
Others whom I trust have stated that MM's are being paid by US
Brokerage houses and big boys to work through Canadian
Brokerage houses to short stocks, as shorting BB stocks is
apparently allowed from Canada of US BB stocks. (NOTE: in the
US, shorting is not allowed in non-marginable stocks under $5.00)

YET ANOTHER MM TACTIC..."the STOCK DETECTIVE"
MM's are lurking on most SI and YAHOO threads and looking for
a ripe moment to hire shady firms like the "STOCK DETECTIVE"
to discredit even some pretty decent stocks like DGIV, NUKE, and
DCHT. See "STOCK DETECTIVE exposed below:

SEE HERE...a MUST READ, especially the last 3/4 of the article
referring to the shady workings of the Stock Detective, who itself
is connected to AXESSS, a pink sheet stock of very dubious
history.

exchange2000.com

PLAN OF ACTION:
Just curious if you think there is any hope here? And an effective
course of action.

I suggest we all call our local SEC officials and implore them to
look into this problem more seriously. I know they are
overworked, and I know new regulations are coming in a few
months (i.e all listed companies must be fully reporting) but we are
being taken to the cleaners....NOW!

I have already started calling SEC officials and my contact at the
Wall St Journal...we must all do that, IMO.

Of course finding great stocks, laying low, and holding long term is
the best strategy, but seemingly hard to organize people to do that.

Any other ideas welcome!

Dave
PS-- a post suggesting how to deal with thread bashers:
www3.techstocks.com post

Jake