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Microcap & Penny Stocks : AmeriResource Technologies (ARET)
ARET 0.0001000-66.7%Nov 5 1:03 PM EST

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To: melinda abplanalp who wrote (3806)10/17/1998 9:17:00 PM
From: dusty  Read Replies (2) of 7609
 
Got my copy of Individual Investor.There is an atricle in it it . "GONE BOTTOM FISHING" This mag picked 25 stocks that they said would do well this year.It starts ,Here's a fact we didn't expect to be presenting 10 months after picking our MAGIC 25 Portfolio. 15 of the 25 stocks are at or near there 52 week lows.Nor like everyone else,did we expect the Global economic meltdown and such big losses in U.S. small caps.They say ,if you want to go bottom fishing,don't troll for stocks of companies in which investors have lost confidence."Have we lost confidence?,,NO, Don't think that every beaten down stock is worth buying, some cheap stocks deserve to be cheap. If a stock no longer lives up to the reason you bought it sell. ARET is living up to the reason I bought it, they are trying to supply a service. The company talks to us and doesn't sugar coat anything. Would I sell on a run?,NO WAY. For what it's worth.
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