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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Dan Duchardt who wrote (1735)9/30/2000 6:29:44 AM
From: Arthur Tang   of 1911
 
Regarding large stockholders' holdings; I am totally confused. It seems from some SEC reports, Johnson brother and sister as well as their own FMR(Fidelity Management and Research) owned a bundle. There were no reports yet that they sold out in June.

So we have to take these numbers and names lightly(not too serious); but certainly, the market makers forced a number of institutional investors to window dress each quarter. The trading was furious.

I am staying on the sideline for now. You can get killed in the traffic of these trading activity.
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