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Micro Penny Stocks, Penny Stocks $0.10 & Under
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ACHI - AmeriChip International, Inc.
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[QUOTE]Originally posted by YellowSubmarine: [QB] NOTE: [b][i] Dear EricDavid.com subscribers [/i] Here we are Aug 1st, the start of what is called "the dog days of summer" a month when the stock market is at its slowest and dullest.... So then why did our Americhip (OTCBB:ACHI) trade up 47% on huge volume of 5.3 million shares traded today? I can only hedge as everyone else is on the financial message boards. We know that NJ based Cornell Capital is no longer needed to help finance. Yes that was in fact announced several weeks ago. [/b] Could there be a short squeeze? Well the OTCBB is not required to report short interest...So more hedging One thing for certain, and we all know that massive up volume speaks for itself. What is going on with our little baby Americhip? No clue here but you must admit its getting very exciting. I contacted the Companies IR firm last week with regards to conducting or 3rd interview and was told they are not ready at this time but that they will contact us after August. Well my dear readers, if news or press should break we will forward to you right after the wire services forwards to us. I will forward you my general market re-cap in two weeks. But I do see big money flowing into certain micro-caps as has been the case for the past few weeks. Regards to all, Steven J. Weiss SR Market Analyst & Publisher. EricDavid & Sons, Inc Please view the disclaimer for ACHI here http://www.ericdavid.com/newsletter/disclaimer/achi.html . [/QB][/QUOTE]
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