SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Ames Department Stores (AMES) -- Ignore unavailable to you. Want to Upgrade?


To: Art Baeckel who wrote (1682)8/25/2000 11:36:06 AM
From: Arthur Tang  Read Replies (1) | Respond to of 1911
 
Thank you for all that info.

It is difficult to analyze all that data, without looking at the shorts and trading data from Nasdaq in a few days. Where the institutions buy and sell has much bearing on the market. The volume of each market maker will reveal which one has which institution as a customer.

AMES is currently an opportunity for those stockholders who have faith in the management. Those investors doing investment on margin would have been called in the morning already. Those daytraders will have a wonderful time since the trend currently is basing around $5. 5-10% ups and downs are good for some quick profits.

Fundamental good news will change the valuation of this stock. Until then, watch for a technical entry point much below $5. Good Luck.