Alpharel(AREL) - any thoughts? Message Board

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Microcap & Penny Stocks : Alpharel(AREL) - any thoughts?

ALTS 1.720

-18.1%

3:59 PM EST

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To: Eric Margolis who wrote (75)	7/29/1996 8:04:00 AM
From: Ed Newman	of 143

No doubts. The day of the earnings news, Thurs, AREL rose 20% (15/16). Here's what I think.... Technically, the chart is fouled. When stock goes down (with correction) people who got in higher have doubts, and as the slow climb begins back up, many people become sellers (eager to get out even or at a lesser loss)... If you did not get out at 7 1/2 or so (when down from high by a fair percentage) then you probably held and kicked yourself. I, too, had added to my position at 8 1/2... This is only a temporary set back... In every way, fundamentals are sound and future is bright for this company. Even fast growing trees tame time to grow, and so do companies.

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