Jens: I was impressed with the target settings, but what I've found (only my opinion) is that the MM's set the price on a penny stock and don't have the regulations as i.e. the Nasdq. They will either be long or short on a penny stock. What I see is that they have made a bundle on this stock. i.e. They stand to make considerably more money going from i.e. 0.15 down to i.e. 0 .01 then they would from 0.15 up to i.e. 0.29 (less then double). I see them shorting ARET right on down to the 0.01 level or below as they have so many times. I was just surprised to see it go up so high. The last time it made a run-up was to about 0.06. I certainly would not be buying now. It may go up, but IMO I really don't think so. I believe it's time to decide whether or not one wants to take their profit and not be too greedy. Obviously hindsight is cheap, but I wouldn't be following it down hoping that it will come back up. Just my opinion based upon a long history with this stock. I don't put much stock in the target prices, only that they helped with this latest run-up. Realistically, with approximately 450,000,000 shares of ARET at i.e. 0.10, we both know ARET is not worth $45,000,000 at this time. I do think ARET has great potential long term, but not right now. They've only just gotten their web site up and are only making a percentage off the loans. When they help in the building of these homes their profit margins will be much greater. When that happens, I really don't know, but in the future. Right now the main concern should be what to do with the shares one has, or is thinking of buying.
Good Luck Jens. Have been thinking of you.
PHANTOM |