I have to wonder: How most of the retail longs here 1st learned aboput ACMG. How many retail longs here received a spam email that praised it, they looked up a few PR's and then bought it?
Alcar Chemicals Group Inc. (OTC: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass (forestry waste, agricultural waste and non-food crop) valorization for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods. With 3,000 shares outstanding and 100 shares declared short as of July 2007, the failure to deliver in shares of ACMG has not been resolved and a buy-in is imminent ---------------------------------------------------------------
100 shares declared short...not millions like most situations... LOL.
My opinion is just that, my opinion. So make no investment decisions based on my opinion.
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