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Microcap & Penny Stocks : APPAREL TECHNOLOGIES, INC. (APTX-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: DouglasAnthony who wrote (449)9/15/1998 1:13:00 PM
From: treetopflier  Read Replies (1) | Respond to of 517
 
APTX is out of options and out of time.

I liquidated my entire position yesterday, and I wasn't alone. Lots of short coverage action yesterday, why I don't know. Why cover if we are headed to zero, unless they are naked and don't want to risk the wrath of the SEC. I doubt all the action here has been legal. I intend to pursue this.

I don't expect APTX to be in business in two weeks. I don't expect to see them file a reorganization plan either. Who would work on it? There IS NO MONEY to pay anyone. Not now, not in the future. The preferred shareholder(s) get the technology (if there really is anything of value here).

Game over.

ttf