Forum Archive Index - May 2000

[Mike Nelson <bb2345@ihug.co.nz>]

I rationalised like that when the price fell from .18 to .17 to .16 and
mentally put AQL in the bottom drawer. I even bought more at .10 but I
started cashing up yesterday and again today. I will take the punt that
nothing happens and the price continues down to the .04 range. Obviously
the fact that Eric Watson is a major player makes AQL subject to sudden
upturn however in the current environment I feel it is unlikely any
momentous announcements are forthcoming. However I remain vigilant.

MN


At 12:32 AM 05-05-00 GMT, you wrote:
>Yes good point. I would think all of us here that still currently own AQL 
>would be sitting on 50% plus losses which is alot. For some people that 
>would equate to a large amount of money as a lot of people bought big on 
>proposed change of listing. I suppose it now is a case of waiting that 
>little bit longer or selling at those losses. These are the only 2 options. 
>If one can afford to I think it is probably better to hang on and see whats 
>going to happen. Who knows - this could all be a ploy to knock the share 
>price back to 3 or 4c so the "insiders" can make a bigger killing. And if it 
>does drop to these levels with still no announcements forthcoming do you 
>BUY?. If we all were buying at prices in vacinity of 15-20c region on those 
>rumours then why wouldn't we all be buying at 4-6c. Nothing much as changed 
>except it has dragged on a bit and now the accounts issue. Frank has not 
>been wrong yet.
>
>
>>From: Mike Nelson <bb2345@ihug.co.nz>
>>Reply-To: sharechat@sharechat.co.nz
>>To: sharechat@sharechat.co.nz
>>Subject: Re: [sharechat] AQL problems
>>Date: Fri, 05 May 2000 11:25:12 +1200
>>
>>I have not underestimated him since the end of January with AQL and it has
>>so far cost me 52% of my original investment.
>>
>>MN
>>
>>
>>At 10:35 PM 04-05-00 GMT, you wrote:
>> >If there is one thing I have learnt during my time on sharechat etc it is 
>>DO
>> >NOT underestimate Mr Watson!!!
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