AmeriResource Technologies (ARET) Message Board

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Microcap & Penny Stocks : AmeriResource Technologies (ARET)

ARET 0.0001000

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Dec 26 9:30 AM EST

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To: Richard Mazzarella who wrote (5481)	1/29/1999 8:05:00 PM
From: Ken Sammut	Read Replies (1) of 7609

Richard, Excellent post. You are right on regarding MM's and shorting. Sometimes penny stock investors get a little too paranoid about how much shorting there actually is but in some cases the MM's definitely abuse. To all, I am in ARET, NUOA, AGTI, NPEC, and MDIN right now. Everyone on the MDIN thread has made it a mission (so has the company as they recommend on their web site) to call your broker and request the certificates and take the stock out of street name. This reduces the number of shares that potentially an MM can short. If a high enough percentage of shareholders do this, it may make an MM think twice about shorting (especially naked-shorting). They can lose a bundle having to buy shares in the open market to cover if the company surprises and actually has something. ARET may have too many shares and shareholders to make calling in the certs work but with some stocks it does pay. I think you will see that with MDIN very soon. Ken

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