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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Paul A who wrote (683)10/11/1997 10:11:00 AM
From: Arthur Tang   of 1911
 
If I could expand the market with more cash pools, the stock will have a nice move. We do not know if Fidelity is in yet, Fidelity has their own brokerage, so they do not have to file ownership with SEC. Then there is always Franklin. So far only Dimension, DJ and a few small ones according to stocksmart data.

We also do not have large brokerages doing market making on AMES yet. So, a lot of work yet to be done. Most of the good news did not have any followings; because most people are fully invested in those circles.

If AMES does more promotions on their daily business, we might get better responses with new investors.
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