SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey S. Mitchell who wrote (1991)8/26/1998 11:39:00 PM
From: KCsunshine  Read Replies (1) | Respond to of 26163
 
Mr Mitchell -

Apparently I am remiss in expressing myself with clarity, apologies sir. Immaterial to my point is WHOM. If merrill lynch recommended this stock, and the corresponding volume of securities was exchanged, my small point would be unchanged. If the capitalization I saw bandied about is to represent a true number, then on such anemic volume there is no conceivable way I can determine this to come true. Sir my point is further emphasized by your response regarding the rag sheet. If something as minor as that could create the market force you are implying, I am truly amazed. Not many can publish a blurb, and quintuple a stock in a matter of three days. If you are claiming that this newsletter expanded the market capitalization from twenty eight million to one hundred forty million on pathetic volume, then I still believe that the answer lies elswhere.

KC



To: Jeffrey S. Mitchell who wrote (1991)8/27/1998 12:16:00 AM
From: bmart  Respond to of 26163
 
Mr. Mitchell,
Your TA regarding the the increased share value is not correct. The volume was not what one would call heavy by any means. I am quite surprised at your analysis in light of the fact that AZNT has put out press releases defining exactly what is taking place. You were also told about the illegal shares in the float. You were told there were three accounts frozen holding illegal stock. You were told the court had rendered a decision and that those in question were being served. We went as far as to tell you who and where.
Taking that information into account, one could easily summize that the AZNT market is being made naked. There is a freeze at the DTC and every share in the AZNT market will have to be accounted for within 7-10 days of being served.
MM's are running from the limit orders. The price moves north on little volume with the hope to discourage buying. Today was a game of 'you watch my back-I'll watch yours'.
Since AZNT shareholders are aware that the last phase in the cleansing of the AZNT market has yet to be announced. We wait for those in question to be served and quietly accumulate while the basher's grasp at straws.
I have really enjoyed this, really!

RB