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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: Mr. Jens Tingleff who wrote (3909)10/22/1998 6:16:00 PM
From: Gobe  Read Replies (1) of 7609
 
Jens,

I count (roughly) 3.6 million shares bought versus 1.4 million shares sold. How do your numbers compare?

It looks like the bid/ask is now at 0.00630/0.00675, pretty much confirming what Ron has been saying all along: The MM's control the price and they do not want it going up yet. In this case, we've seen 2.2 million shares bought in excess of the number sold, but no appreciable increase in the bid.

Question for Ron if he's lurking today.. do you think the shares sold today at the ask were from inventory, or were they shorted.. or does the stuck ask suggest that the MM's with shares are politely allowing those short to cover via the sells?
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