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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: John D who wrote (4507)11/18/1998 11:00:00 AM
From: WineOh  Read Replies (5) of 7609
 
Folks:

REALITY CHECK TIME!!

ARET is less than 1 cent, remember?

They have nothing going for them except a lot of talk on this board, period.

I am long A LOT of ARET around 1 cent and I hope it works out for us all.

BUT PLEASE don't tell us how wonderful this highly speculative investment (I hate to use the word) is.

For all his faults, ROSIE was/is only telling you the reality.

That is there is NOTHING going on at ARET. Read the filing

Less than $300 in cash and NO REVENUE, PERIOD.

IMHO the big buying last week was a short covering squeeze, nothing more.

Remember this is a stock that is less than ONE CENT.

The whole company is worth less than 2 mil. (Not bad for a clean shell though).

Good Luck to us all but stop the hype it's just an empty shell.

BTW, Any significant price increase will probably occur after tax selling time is over. That ends 12/31/1998. So expect price increases on or after January 1999.

I hope and expect it to happen then.

If we get really lucky, something may actually happen of substance at the company, but we'd all be REALLY LUCKY.

WineOh
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