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Microcap & Penny Stocks : Ames Department Stores (AMES)
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To: kenny who wrote (591)9/12/1997 6:36:00 PM
From: Arthur Tang   of 1911
 
Thank you, Kenny.

This is just a war cry. A target of profitability if you will. It is based on the fact that AMES can do $2/share earnings if the management does not waste money to do fanciful things and only go for the earnings. The stock price actually can not go more than 300% each year and sustain itself. Because too many people will take profit and dump the stock. 300% gets good strong hands who will guide it to 300% again, each succeeding year.
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