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Been watching, holding up very well, however no buys for a while. Volume has been at 20.42 mil for awhile now.
Posts: 1220 | From: Denver, CO | Registered: Jun 2005
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looks like it will either be eod run or bounce on Monday. Holding too strong to be worried though
Posts: 1220 | From: Denver, CO | Registered: Jun 2005
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Asia Telecom Ltd.: Asia Telecom Ltd. Sets The Record Straight
Mar 12, 2007 (M2 PRESSWIRE via COMTEX) -- Asia Telecom Ltd. Sets The Record Straight Asia Telecom Ltd. (Other OTC: ATLJ.PK) (Frankfurt Stock Exchange: HZK.F) would like to clarify the concerns of numerous shareholders over the share structure of the Company.
Vice President, Mike Palmer stated: "We felt it necessary to advise our shareholders once again that the information available concerning our share structure is true and accurate. Having said this, we are anticipating that our current and upcoming projects will result in earnings of $0.01 per share or better."
About Asia Telecom Ltd.
Asia Telecom, Ltd. intends to become a VOIP telecommunications company with a strategic focus on establishing and maintaining operations in Central Asia and Eastern Europe.
Posts: 660 | From: california | Registered: Nov 2005
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it's going to be tough to break. I've been slapping it but ran out of fire power.
Posts: 2049 | From: Jax,FL,USA | Registered: Nov 2003
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U.S. Azerbaijan Chamber of Commerce : Asia Telecom Announces Project Update in Azerbaijan
Asia Telecom Announces Project Update in Azerbaijan
03/12/2007
In Q4 2006, the Internet service provider (ISP), a division of Asia Telecom Ltd., began the construction of its own data transmission network and placement of DSLAM equipment for the assignment ADSL (Broadband) services in Baku city, Azerbaijan, according to Asian Telecom press release. As of the end of Q4 - 2006, the company has laid a significant portion of the planned 200 km of fiber-optical cable. The completion of this project is scheduled for the end of February 2007.
CEO Ayaz Karimov stated: "This initiative in Azerbaijan, and others like this, will serve to solidify our position as a significant player in the Central Asian market for dial-up, ADSL and related services."
The Internet service provider (ISP) division of Asia Telecom Ltd. commenced operations in June 2005. It is a provider of dial-up and ADSL services in the territory of Azerbaijan. This division today manages at least 18% of the dial-up market in Azerbaijan and recently began providing ADSL (Broadband) services in Q4 of 2006.
I don't know what the hell is going on here but MM's are holding this back. I mean come on, they repeatedly keep stating that the share structure is the same and there not diluting! Earnings alone value the oustanding shares at .01 or better! Factor in a multiplier and this should be trading between .05-.10!
Don't know whats going on here other than MM's being there normal crooked self and SBSH seems to be the worst one. Probably shorted the crap out of this is all I can come up with. Rediculous!
Posts: 410 | Registered: Jan 2006
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It really is silly, I mean come on what is it going to take for this to move back up over .01? I'm really starting to think, looking at this and some other stocks that the MM's are just naked shorting or manipulating the entire Pink market to oblivion.
We really need to get rid of these human MM's, and get an electronic system based on supply and demand. I still think ATLJ has a chance, but the MM's really don't want her going over .006.
Why wouldn't the MM's just buy millions of shares and run this to .05? I mean it really seems like an awful lot of work for these silly .002 ticks either way.
Posts: 630 | Registered: Jun 2006
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Wow, looks like this pig is being manipulated to death. Supposed to be more news this week per the VP. He'd better stick to his word and it better be good or SBSH will continue to own this, IMO
Posts: 410 | Registered: Jan 2006
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Looking stronger today, trying to take out .0045 now but good ole SBSH & NITE parked there. Crucial to break 45 today IMO
Posts: 410 | Registered: Jan 2006
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Another green close, no matter how much is crucial. Still supposed to have more news this week so they better come through or I'm gone.
Posts: 410 | Registered: Jan 2006
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Chart is primed for a reversal here but think it will need some meaty news to help kick start it. Don't let us down Palmer, be a man of your word and give us some good news tomoorrow!
Posts: 410 | Registered: Jan 2006
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News out 3/16/07": Asia Telecom Ltd. Shareholder Update Mar 16, 2007 9:15:00 AM NEW YORK, NY -- (MARKET WIRE) -- 03/16/07 -- Asia Telecom Ltd. (PINKSHEETS: ATLJ) (FRANKFURT: HZK) would like to announce that the Company has applied for a new CUSIP number and will be seeking a symbol change. The Company has ordered the NOBO list as the company seeks to help shareholders find answers to naked short selling.
Vice President Mike Palmer stated: "This is one more attempt made by our Company to reflect the desire to preserve share value for our shareholders."
Posts: 660 | From: california | Registered: Nov 2005
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