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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Arthur Tang who wrote (857)12/11/1997 7:04:00 PM
From: Paul A  Read Replies (1) of 1911
 
Hello Arthur.. Running around like a chicken without a head today I decided to re-enter a position in AMES. My timing could have been better but im not complaining with 16 7/8.

Retail sales were lower than expected today.. Whats your opinion with these figures? AMES seems un stoppable, and despite the poor performance on the Nasdaq these last few weeks, AMES is ready to explode into the $20 trading zone. There was some large buyers picking up shares only at the dirt cheap prices below $16 1/2- even they have to save some in case things continue to drop tomorrow and monday!
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