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Microcap & Penny Stocks : Auxer Group (AXGI) -- Huge revenue growth w/ new contracts -- Ignore unavailable to you. Want to Upgrade?


To: grw5 who wrote (631)1/11/1999 10:33:00 AM
From: Cindy Powell  Read Replies (2) | Respond to of 1664
 
Great advice George. Not to rain on the parade, and congrats to those who got to ride this wave, but AXGI has been pumped *EXTREME* and like EUTO and sooooo many others it could fall to new lows in a heartbeat. Penny sharks know how to play these with real time and naiive investors get left holding the bag with these run-ups. CHTL announced Polly Bergen and QVC just a short time before going bankrupt, and all the buyers of CHTL felt they couldn't go wrong. I halfway think that insiders of CHTL were just trying to unload their product and sell their shares into the newly created excitement, and that they knew full well that they were on the verge of bankruptcy.
But that's how some of these "business people" operate, unfortunately.

By the way... how much further in the hole is AXGI going to get with hiring this new firm to seek alternatives for them? Shouldn't they work on getting their act together with the businesses that they already are in before taking more on? This press release didn't really jazz me too much.

Good luck all,
Cindy