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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?


To: RBM who wrote (322)8/21/1998 12:58:00 PM
From: bmart  Read Replies (3) | Respond to of 26163
 
Mr. Rob,
I am very much enjoying todays' proceedings! This is the quintessential short squeeze. Ms. Shell must be at quite a loss to determine how to shake some shares loose. Meanwhile, the MM's are selling more shares into the AZNT market as buying accelerates. Every share sold is a share sold short, creating a demand for certificates which the DTC does not have! There is a freeze at the DTC!
With the 800K shares of the float safely tucked away, it will be very interesting indeed how these characters proceed to shake shares from individuals who have no idea what the internet is, moreso S.I..
Next week will be very enjoyable I predict.

RB



To: RBM who wrote (322)8/21/1998 1:05:00 PM
From: DavidCG  Read Replies (3) | Respond to of 26163
 
RBM, bmart,

Hi there,

Very new to this thread...

I own some stock in a company called QTNT... we know the float should basically be in friendly hands (approx. 2 million float).. yet the price on buys of 4 to 1 buys have tanked this stock from $1 to .20
The Outstanding shares a mere 8 million. Basically a market cap around
$1.5 million.

I don't have problems with stocks I buy that fall because actual selling brings it down (well, I do... but I chalk that up as normal market forces)

I am not so interested in what AZNT does... but I am interested in what this company is trying to do.

Is there a single post from one of you that outlines what the situation was, what it is, and where it is going?

Just reading the most recent posts I gather there's alledgedly a float of 600-800K, you can account for all these shares amongst friends... and yet the stock wasn't rising.

And the company took some court action... More details please.. and where can I find the court decisions on this? (or who could I call to verify)

And indulge me with the outstanding shares, and the full story.

And then you can make it a reference point for ALL potential investors coming into this room.

If these guys succeed in driving MM's and them folks up north from covering their naked shorts at much higher prices...this would be a model for all OTC:BB's..

Thanks

-DavidCG