Allstocks.com's Bulletin Board Post New Topic  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Swing Traders » ADSX - Need input from group

 - UBBFriend: Email this page to someone!    
Author Topic: ADSX - Need input from group
Teufelmann
Member


Rate Member
Icon 1 posted      Profile for Teufelmann     Send New Private Message       Edit/Delete Post   Reply With Quote 
I am looking for input on ADSX.

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.


Posts: 164 | From: greenville, SC, USA | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
Chicoman
Member


Rate Member
Icon 1 posted      Profile for Chicoman     Send New Private Message       Edit/Delete Post   Reply With Quote 
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


Posts: 315 | From: New York, USA | Registered: May 2003  |  IP: Logged | Report this post to a Moderator
leftybdm
Member


Rate Member
Icon 1 posted      Profile for leftybdm     Send New Private Message       Edit/Delete Post   Reply With Quote 
Insider buying notice posted today, ceo bought 250k shares.... which isn't that much really considering the usual volume.
Posts: 25 | From: Burnaby | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
timberman
Member


Member Rated:
4
Icon 1 posted      Profile for timberman     Send New Private Message       Edit/Delete Post   Reply With Quote 
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.
Posts: 474 | From: Central PA | Registered: Oct 2003  |  IP: Logged | Report this post to a Moderator
timberman
Member


Member Rated:
4
Icon 1 posted      Profile for timberman     Send New Private Message       Edit/Delete Post   Reply With Quote 
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).]


Posts: 474 | From: Central PA | Registered: Oct 2003  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share