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Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (1039)	6/26/1998 3:11:00 AM
From: DrMedina1	Read Replies (1) \| Respond to of 2534

Dave -- appreciate your concern. I think we here on the ALYA thread have figured out how to deal with the problem: 1) Buy a real company with real prospects in the first place. 2) Hold it until the short MM's must surrender or double down due to monthly accounting. If they don't cough up this month, hold on & get 'em bigger next time. 3) If appropriate in your financial situation, nibble more shares when the MM's give you a shot at a bargain ask. I suggest that all discussion beyond this proceed by PM.

To: Dave Gore who wrote (1039)	6/26/1998 9:07:00 AM
From: MeDroogies	Read Replies (2) \| Respond to of 2534

I agree that this is a real problem. While I made money on the stock, I got burned by these tactics on PNLK...I could've made a few extra hundred, but a stop loss I had put in was activated while I went out to lunch....that stop loss was a full .60 BELOW what PNLK was trading when I left. I find it odd that the stock fell that much in an hour, especially when it finished around a dollar higher by the end of the day. Short of taking possession of my certs, I don't know what else should be done...the SEC doesn't appear to care about the BB stocks, IMHO. As for the Stock Detective, I have been badly burned by them on NUKE...of course, I haven't sold yet...but I had doubled my money, and was looking for it to POTENTIALLY go higher when this article appeared. Now I'm in at a loss. All this is leading me to stop investing in the pennies. Now I know why they are avoided like the plague by the pros. Basically, they are too easily manipulated. By MMs and by greedy SI types...

To: Dave Gore who wrote (1039)	6/26/1998 9:29:00 AM
From: drdan	Respond to of 2534

Dave, a great post, and good luck with your crusade to help us "little guys" stop being shafted ....

To: Dave Gore who wrote (1039)	6/26/1998 11:15:00 AM
From: Jane Hafker	Respond to of 2534

I bought two batches of ALYA on the hope that the good news would produce a nice upside and hold and continue. On the day after the contract (same day? can't remember, doesn't matter, the day it went to $1.35 and no further) I called from work and it was at 29. It had been at 1.29 for an hour. No big deal. Still above what I bought it at, and I thought I needed more recovery before watching another stock go down before my very eyes immediately upon buying it. So, I typed in a sell on the work net. At 1.29. I called to see if the sell had gone through, and from the net computer back to my desk it had quickly, instantly, dropped to $1.25. plunk, plunk, plunk, plunk, plunk............. That's where it stayed, I think. Interesting indeed. Of course, then it went down further, but on the same amazing calculations, based on very, very small sell amounts?