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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Eric mulay who wrote (1431)10/21/1998 12:54:00 PM
From: Market Tracker  Read Replies (1) of 1911
 
I find it particularly interesting that nothing has changed in AMES' fundamentals for over a year, yet the investment community (read speculators), [myself included], have taken this stock from 10 to 29+, then back down to 11, and now back to a little over 19. It has been a wild ride, and one of the best trading vehicles I have ever come across in over 30 years of playing the market. AMES has a great future ahead of them. Yes there will be blips in the road along the way to future riches, but I guess no pain, no gain.

Joe Ettore is a master of his trade, namely taking formerly troubled, weak, and restructuring situations [like Ames], and turning them around. He has done it successfully in the past, and he will succeed with Ames, because IMO this man knows what he is doing. He is our guiding light, and he has sought out and found a lucrative retail marketing niche that is downturn resistant, and can successfully grow despite WMT and some of the other giants. AMES, IMO is a success story in the making.

MT
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