Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Deeber who wrote (8989)	10/22/1998 3:16:00 PM
From: JohnO	Read Replies (1) of 25711

ARET May 21, 1998 39+ million shares were traded and the price range was between .03 and .04. They have had several days when volume was in 10's of million and no change in stock price. September 3, 1998 ARET BOD authorized the repurchase of 20% of outstanding shares. We all know there are no assurances they will in fact by back these shares. Many companies state they will by back shares and a good number never do so. ARET needs to become a fully reporting company. As with all BB companies they have to do a lot of work to have people trust them. I have no idea how many OS they have but it must be in excess of 200 million to see no movement on heavy volume days like they have had in the past and today. Until they straighten out I'll sit on the sidelines. Have a good one. John

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