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Microcap & Penny Stocks : Ames Department Stores (AMES)
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To: Arthur Tang who wrote (1761)10/29/2000 6:57:18 AM
From: Arthur Tang  Read Replies (1) of 1911
 
AMES shorts published is now way over 4 million shares(4.4+ million on October 15, 2000). An all time high based on the popularity of AMES as a Cinderella stock($1+ to $48) fallen hard. This may be expected but the trend of pull back continues.

Ultimately, this stock will be supported by the economy not going away. Short squeeze is inevitable. I am looking for an entry point way below current level, if given the opportunity. Risk seems to be diminishing as the share price pulled back.
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