Ames Department Stores (AMES) Message Board

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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: B Hewson who wrote (643)	10/2/1997 1:03:00 AM
From: Arthur Tang	of 1911

We invested when they did very bad at $1.87/share. We took them up to $18/share. We give them a program to follow. When you start to doubt them, then some people will sell off. From your posts, I know. But we have seen the results and how they withstood the competitions. We march AMES to 3% profit sooner or later. But if you feel uncomfortable, you should trade. Many people did. And some came back because it is still one of the most exciting investments in town. But timing entry and exit has to be at the right market timing, and that can be spoiled by good news unexpected. Good luck on your choice. If you should want to learn about market making and price quotes; I have just written on the subject at "Analysis class for beginners" thread, "Market making 22?". It may give you an insight to price movements depending on which market makers and their individual signatures to tell you how AMES price may move in the future. It is not an exact science, but it is just people working their trades. Predictable. But always company and management must be first consideration.

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