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Microcap & Penny Stocks : Ames Department Stores (AMES)
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To: Richard Mazzarella who wrote (1802)12/17/2000 7:16:16 AM
From: Arthur Tang  Read Replies (1) of 1911
 
The problem is technical imbalance and fundamentals that AMES neglected when things were good.

If only they could steady their hands and adjust their turn over, then a 10 bagger is again possible. Management tends to celebrate too soon.

As far as TV advertizing goes, you can only do it a day or two earlier to be effective for an unannounced sale. If you are going to sink more funds into it, I advise you to visit twice a week and watch the store, counting turn over. You have to be the manager and count the profits.
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