Ames Department Stores (AMES) Message Board

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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: RoadWarrior who wrote (680)	10/10/1997 11:07:00 AM
From: Arthur Tang	of 1911

Thank you, RoadWarrior. Some times I try to hold people's hands so they don't talk themselves into analysis which is not correct. We work the company over, then we get the market making to expand the market so the liquidity for the stock is better. Then the earnings can drive the price of the stock. Cash and stock pools were supplied by DJ. We thank them. But Goldman Sachs (probably because DJ thought AMES was going to tank as before) let people overbought and caused the high short interests. Lenkei tried to drive the price down to $5, calling for shorting AMES on this thread. This will go away, because stock options for AMES management is 750,000 shares (SEC filing). When they cash in, the market will have balanced the short interest. Goldman Sachs also probably have averaged up, working this market during basing.

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