AmeriResource Technologies (ARET) Message Board

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Microcap & Penny Stocks : AmeriResource Technologies (ARET)

ARET 0.0001000

0.0%

Nov 5 1:03 PM EST

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To: MakeMoney who wrote (2913)	9/24/1998 1:32:00 AM
From: lakers17	Read Replies (1) of 7609

MakeMoney......... I actually agree with you about holding. I do a lot of that myself. The only exception for me which is common in the pennies is the good old reverse split. I have one stock which went through two reverse splits(a 12 for 1 and a 70 for 1) The stock is back at .40 and dropping like a rock. My break even price is $17.50 a share. There is no way that this stock will ever come close to that and I will take a tax write off on most of the shares in December. That would be my exception to your rule. In pennies as long as you buy at a great price like ARET is now, your downside risk is minimal and unless a company goes bankrupt, most pennies will have many spikes over the years to different price levels. Lakers

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