Lee,
We simply need another news release soon to bring the momentum back in this one !!!
ARET and FAMC management have done a great job with the company... Unfortunately, playing the stock market also involves dealing with daytraders and investors with weak hands!
MM's are not idiots. They know this and take advantage of it. I am not saying that they are the ones who brought this baby to 7 cents today, NO, investors did that! What MM's do is that they lower the bid and the ask a little and that sort of causes a domino effect! Some get scared and they sell, which in turn gets more people scared and then they sell, which in turn... you get the point!
The first time I originally bought ARET was when it had an original spike to 2 cents! I bought a small amount of shares without knowing much about the company. I then saw my investment fall down to .oo7 level for the longest of time (65% LOSS)! Did I sell? Not one share. Why? Because I took the time to investigate a little. I knew that there was a market for what ARET wishes to accomplish. So, I decided to buy some more (not too much, unfortunately!). From that time, I have bought more at .o51, at .o72, at .o99 and some more today at .o8 ( I couldn't get that fill when it tanked to .o7!!! -- arggg --)!!!
Anyhow, the point of my story is that patience is a virtue. Some penny stocks will end up being worth nothing BUT the one that will be worth something, it will be BIG !
I know that many have bought in at much higher levels than myself. I think they did the right thing! ARET is a good company. I have heard and have been warned that ARET's past is far from perfect and I know that. I also know and wish to give ARET a second chance. We all screw up once or twice in our past but that doesn't make us bad people!!!!
I will admit that in this journey from .oo7 the high of .14, I have sold some shares in order to get back my original investment. This is a rule of thumb I try to follow methodically. I believe that shareholders (or at least I) sleep much better when I see these dips and can afford to buy some more when they occur!
OK, I think I have said too much. Have a good night people and if ARET management is reading this, you can help ease the tense atmosphere by releasing a SURPRISE news release SOON -- hint, hint guys!!!
Good night and see ya all tomorrow !
Chris K. |
