I bought at 0.30 and today it has had HUGE volume but no moved up or down.
I have seen no news on company that would cause volume.
Anyone got any news or rumors??
Thanks.
Posted by Chicoman on :
I followed this stock for over a year. The company is still in a transitional state going from a startup to a real company with real revenues and they have a ways to go but have shown some progress in the past year as they've acheived several milestones and settled a long term debt with IBM Credit Corp last June 2003. I think they have until June 2004 to get their minimum bid over $1.00 before delisting. The company's shareholders have approved a reverse split if necessary to maintain their Nasdaq minimum bid of $1.00 I think the reverse split is up to 20:1 but I'm not 100% positive on that. Look thru some old PR's and filing statements on FreeEdgar.com.
It's a stock I still keep track of but as I've noticed in the past it takes HUGE volume to get the thing to go anywhere....I think that could be due to the fact that their float is over 400MM shares. The possibility of a reverse split scares me but after it settles from a reverse split they could attract some institutions as their products do have a marketplace. Hope that helps to shed some light on ADSX for ya.
G'luck
Posted by leftybdm on :
Insider buying notice posted today, ceo bought 250k shares.... which isn't that much really considering the usual volume.
Posted by timberman on :
I've owned this stock for a couple of years now. The volume is from the earnings report on Monday. Also, as expected a reverse stock split of 10:1 was announced. There has been massive dumping since. I've been thinking about getting out myself but still holding.
Posted by timberman on :
I don't know if this will help the stock price in the morning or not. ADSX makes this sort of stuff. http://biz.yahoo.com/rc/040316/tech_ibm_1.html https://gvsregistry.4verichip.com/index.htm
[This message has been edited by timberman (edited March 16, 2004).]