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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Arthur Tang who wrote (1598)4/5/2000 2:22:00 PM
From: Arthur Tang   of 1911
 
AMES continue to have a nice move. So, you know what I wrote with respect to market making.

Common mistaken idea is that when short interest is covered then the stock will go to fundamental valuation. What really happened with large short interest is the pressure on a market maker to perform; to make money until the shorts are covered. Then they will again maintain the market with necessary short interests. In this time and age, many stocks thus move thru the roof.

However, remember it takes more money to move stock then pull them back, so you need help. Help is what Herzog got.
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