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Gold/Mining/Energy : Angoss Software Corp. V.ANC -- Ignore unavailable to you. Want to Upgrade?


To: Andre Koluksuz who wrote (535)4/14/1999 8:00:00 AM
From: steve gilchrist  Read Replies (1) | Respond to of 1006
 
"I tend to agree with this analysis of dirty games on pulling down the share price. I don't
know who is involved though....If teh shares went up to 30-40 cents, the PP they have
in the works might disappear. Let's wait and see. Once the PP is a done deal (15-20
cents, or whatevr, the stock should float freely. It is certainly not "free" yet. It is very
clear , eveytime the bids go to 25 cents, big sell-offs happen to lower the price"

Sounds like any buyer who steps up to the plate is being paid off to the tune of whatever difference there is between 25 cents and what it really ought to be trading for. Is this possible? It could get awfully expensive - how much stock do you think has been sold just to make buyers go away? Any idea when the PP will happen? How much will the strategy you suggest cost whoever is supposedly doing it by that time?
It seems clear that someone is selling a large block, and perhaps bought it at 8 cents; that's just basic smart investment practice - who knows, maybe he is only selling half of his holdings, and is now holding the balance for free. Given the inherent potential of Angoss stock, I'd only be concerned if I learned that it was one of the company insiders who was doing this.