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Microcap & Penny Stocks : AmeriResource Technologies (ARET) -- Ignore unavailable to you. Want to Upgrade?


To: John D who wrote (7516)3/16/2000 6:38:00 PM
From: James Lee Baldwin  Respond to of 7609
 
Based on volume the past few weeks, the float might be low enough to see some interesting movement. I say might, because I don't know what happened with the 500 million additional shares authorized (help anyone?).

I think that some of the accumulation this week is the momentum players stocking up and getting ready to unload. That's why you are seeing all of the "MOMO Advertising". On the other hand, a casino is exciting. Just keep in mind that we heard about a casino about two years ago.

So far we have thought ARET was going into:

Hydroponics
Casino
Housing for Indians (and others)
Retirement centers
Casino

I do have a very, very small position and I would love to see this take off but until ARET has cash in hand and the dozers and trucks are moving I am not holding my breath.

James