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Microcap & Penny Stocks : Ames Department Stores (AMES)
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To: Arthur Tang who wrote (1660)7/29/2000 11:16:13 AM
From: Texas77  Read Replies (1) of 1911
 
Maybe AMES has found a bottom here. I notice that Mellon bank was a seller of 38% of their holdings for the quarter ending 3/31 - but now with their quarter ending 6/30 they have trippled their holding back up to 1,899,170. It will be interesting to see the reports come in for the other institutions. I wonder if AMEs just underwent one of those classic shakeouts I hear about from time to time. I notice the short position has also decreased this month over the past according to Yahoo profile.

insidertrader.com
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