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: Arthur Tang who wrote (1705)9/5/2000 9:16:11 AM
From: Texas77  Read Replies (1) | Respond to of 1911
 
Thanks Arthur. I will be watching for the next couple of quarters and increasing my position accordingly. AMES management have been impressive in the past and I think they will be again in the future.



To: Arthur Tang who wrote (1705)9/7/2000 1:46:58 PM
From: Market Tracker  Read Replies (2) | Respond to of 1911
 
Ames appears to have put in a successful triple bottom at just < 5 and appears to be in the process of the beginnings of a short squeeze on impressive trading volume. Technically a cup and handle formation is beginning to take shape, most likely signaling a firm bottom has been established. The risk to reward ratio has switched over to favor a long position vs. being short. Not to say there won't be many bumps in the road on our way up, because there will be, but those willing to stay the course for 12 -18 months should be amply rewarded. Yes I'm back in.

P.S. <OT> Do you ever hear from Barry (Winner) - which he was with AMES last time around.

MT