ARET (Formerly KLHE) Message Board

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Microcap & Penny Stocks : ARET (Formerly KLHE)

ARET 0.0001000

0.0%

Nov 5 1:03 PM EST

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To: (Bob) Zumbrunnen who wrote (2981)	12/23/1997 3:15:00 PM
From: (Bob) Zumbrunnen	of 4594

This is one of the most positive-looking days I've seen in this stock in a very long time. Sells at the bid have been in the overwhelming majority of trades, which might appear bad at face value. However, the bid has been holding very strong. It appears to me that, at least for now, there is an MM willing to take on quite a few shares at this price, whether anybody else is buying it or not. It could be that shares are being accumulated to fill a large buy, but I think it's more likely they're just being accumulated for future use. Taking lots of shares at the bid without dropping it has often been one of the important give-aways that higher prices are forthcoming, in my experience.

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