Ames Department Stores (AMES) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Ames Department Stores (AMES)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Texas77 who wrote (1675)	8/11/2000 2:20:23 PM
From: Dan Duchardt	Read Replies (2) of 1911

Dave, A long time AMES watcher here still smarting from not getting on the train in fall of '98, the last time AMES was selling at about 5 times earnings. For as well as AMES has done since earnings came out, some big holder out there is a very willing seller. INSTINET has been parked on the offer for the last two days, selling to any and all takers. Of course the real seller behind INSTINET is unknown. Perhaps it's somebody who managed to catch the dip early this week, but I wouldn't bet the farm on that just yet. Seems more likely somebody is using the rally to unload a position. Will be interesting to see if it can go up when the big seller is finished. I'm long, but cautious. Dan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next