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Microcap & Penny Stocks : AmeriResource Technologies (ARET)
ARET 0.00010000.0%Nov 5 1:03 PM EST

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To: Richard Mazzarella who wrote (1187)8/4/1998 12:32:00 AM
From: Ken W  Read Replies (2) of 7609
 
Richard,

I asked about the floorless just after the last 8k was filed
issuing 80 million new shares. Even mentioned the inventor
of the term "Floorless" as Zev Head. Not many here were, or
are familiar with the floorless term. I agree with you that
the stock certainly trades like a floorless. I don't think
naked shorts are the problem here as it would not be worth it
due to the small spread. If ARET wakes up and gets rid of the
floorless funding (if there) and finds a liget funding facility
actually builds some houses and shows some earnings, then
we may have something here. Until then, the traders will rape
it for every 1/64th that they can get on the 1 to 3 million
shares traded each day. Jens...examples of floorless stocks=
KAFE, ADGI are two that I can think of off hand. Nice traders,
but horrible investments.

Ken W
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