Steve:
This is great.
I've never and I must assume others here too, have never seen this release before.
HOWEVER, in this release, there is lots about the Indian Nations but nothing saying that one loan has been processed and placed, as I read it.
I'm not trying to down ARET, I'm long a lot of stock but words are cheap.
Let's see something substantive.
Wouldn't that be reflected on the 10-Q, eventually?
If they do begin to "Operate" than the stock will reflect it in higher prices (DUH!) and we'll all make $$$$$, let's hope this isn't more fluff.
To Jens:
There are two ways to trade a stock, LONG, but it now and sell it higher later at a profit, and
SHORT, sell it now and buy it back later lower at a profit.
If you are long a stock at say $1 all you can lose is $1, it goes to zero.
But if your have sold it at $1 and need to buy it back to close out your position, it can theoretically go to $50 and you lose $49.
If a stock have been heavily shorted, (It is theoretically possible to sell short more than is available in the float) good news causes all the short sellers to rush in to "COVER" (buy back) their shorts to avoid the run up and loss. This rush to cover shorts is called "Being Squeezed".
In this stock every professional that trades it was probable short (MHO) and they all coveredtheir positions in the rush of 20+ million shares those3 /4 days of very high volumn.
Just my opinion, but time will tell.
Steve, I'll look for that news release and buy you a tall cold one if
(no when) it comes out.
LOL
WineOh |
