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Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB

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  #1  
Old 07-06-2007, 08:54 PM
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Dinamo Dinamo is offline
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Default ATLB - reversal opportunity may be around the corner

Check this chart out guys. This looks now much more like a reversal than just a bounce since we have had steady gains for the last month or so, during which time the pps has more than tripled. I know many people don't like the volume but just keep in mind that its entire float is at around 120,000 shares right now and there are no signs of dilution here. Just think about what could happen here if some group would decide to run this. The 52 week high I won't even post here because it is out of this world and not realistic. But think about the potential this stock may have for stockholders. I know the company itself may not be worth much but think about an R/M possibility and you may start getting the picture here.

I have been wrong many times before but maybe there has come the time for me to be right. LOL

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Old 07-14-2007, 10:07 AM
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Dinamo Dinamo is offline
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Default Re: ATLB - reversal opportunity may be around the corner

Another great week for this stock. Up 16.37% this week which is not too shabby. Both weekly and daily charts look really good IMO. It does not appear that it will slow down very soon, since there is not much resistance in sight.
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Old 07-14-2007, 12:31 PM
Guthrie Guthrie is offline
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Default Re: ATLB - reversal opportunity may be around the corner

Be careful on this one, the reason the float is so small is because the company did a R/S in May 1 for 300 and in August 06, 1 for 100. There may be no dilution yet but don't take your chances, get your free shares and let'em ride.
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Old 07-14-2007, 02:03 PM
Doc Holliday Doc Holliday is offline
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Default Re: ATLB - reversal opportunity may be around the corner

I'm hoping right along with you, Dinamo, but I'm just a small bag holder needing 4.76 to get out even. It has real low volume and nothing really driving it except the MMs. In the be careful catagory...
Tim DeHerrera...he's listed as President of:

ATLB -- Atlantis Business Development Corp.
6302 Mesedge Drive
Colorado Springs, CO 80919
(Address of principal executive offices)
source: from the 10Q filed May 15th
http://www.pinksheets.com/quote/filings.jsp?symbol=ATLB

FQNI -- Future Quest Nevada, Inc.
6302 Mesedge Dr.
Colorado Springs, CO 80919
source: http://www.pinksheets.com/quote/comp...sp?symbol=FQNI

he must be a cook or have a table in the back here...

Caf˙
6302 Mesedge Dr
Colorado Springs, CO 80919
(719) 532-1310
source: http://coloradosprings.chowbaby.com/cuisines/Cafes

I also found him mentioned with...

Friendly Energy Corp
Tim DeHerrera, Vice President
http://www.fdeg.biz/corporate.php

and Medplus Corporation if you want to go searching. I found enough that I didn't really need to know more but it was too late as I had already made a momo play and never had a chance to get out
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