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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: b. f. who wrote (1522)	7/28/1998 11:02:00 AM
From: MeDroogies	Read Replies (1) \| Respond to of 2534

Paying doesn't add to cogency...read TLW. However, if you joined, you'd have a legitimate gripe. I, for one, happen to like using expletives. You DO have a choice if you want to read them or not. I'm not forcing anyone to read. It's like saying "They should take all the violence off TV"...well, you don't have to watch, do you? Too bad for you. I'm not the only person who uses expletives, and I'm not about to stop because you don't think it is proper. I don't want to use $%^^^&&***&^%$ because I don't like it. I like words. They are descriptive and add meaning.

To: b. f. who wrote (1522)	7/28/1998 11:45:00 AM
From: Ray Rueb	Read Replies (1) \| Respond to of 2534

I'm outta here I quietly bought ALYA June 10th, and I sold my position today for a 51% loss. Everything associated with that purchase signaled to me that something was wrong with the share price and how ALYA was being traded at that time. On that day I did my usual thing of placing a market order for 1/2 my intended position and then a limit order well below bid for the rest of the position. The bid on that day was 1.33. The ask was 1.38. My 5,000 share market order filled at a horrifying 1.45. 2 hours later, my 5,000 share under bid of 1.25 also filled. I, of course, now realize how stupid I was to place a large market order for a stock as thinly traded as ALYA. Today, when I sold, I placed a limit order $.01 UNDER the bid of $.69; ie: my limit was placed at $.68 for all 10,000 shares. I expected my large order to drive the bid down to $.68; instead, my entire position sold at $.69. That is indicative of something, though I'm not sure what. Now, as to WHY I sold... There are 4 main reasons in order of importance: 1) I became uncomfortable with the position. Read my SI bio, this is a deal killer for me. The discomfort stems mostly from the stupid bickering on this thread. I realize that it is difficult to maintain harmony in a stock thread while the stock is dropping in price, but some people just don't get the concept of what this board is for. I like the posts of TLWatson, Dr. Medina, Essam, MeDroogies and others WHEN THEY CONTAIN INFORMATION or even supposition about the stock. I find Dr. Medina's paranoia about "the shortie" to be quaint. I used to work for a MM, and shorting is a required way of doing business. My opinion is that MM's aren't evil people, they are just businesspeople trying to make a buck. TLWatson has valid points too, though I take some as supposition, and some as fact. Supposition on this board is as valid a mechanism as fact. 2) I want the money for other positions. My 2 main stocks, GMGC and SAP are undergoing pivotal moments in their lives right now. GMGC releases it's long awaited product on July 30 and SAP goes from the pink sheets to NYSE on Aug 3. 3) I feel there is more room for downside movement in ALYA. I do my trading using gut feelings. My experience is that, in the absence of strong news, stocks will usually "oversell" their traditional support levels during a long slide. ALYA's support seems to be around $.50. I expect a buying opportunity at $.42 in mid August. If you look at my GMGC posts, you'll find that I'm fond of publishing personal price prognostications. 4) As my buddy from GMGC (Sea Otter) posted, something still doesn't add up about ALYA. I agree, and I can't put my finger on what it is. I wish I could. For those of you who remain long, sometimes I sell at the absolute lowpoint. For your sakes, I hope this is it. See ya'll in August. Ray