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


To: (Bob) Zumbrunnen who wrote (2814)12/5/1997 1:00:00 PM
From: Michael Harb  Read Replies (2) | Respond to of 4594
 
I actually think the stock has gone down because investors have been "selling". This is the fate of penny stocks in between news releases. Penny stock players are very impatient, running from one to another. They don't see news for a couple weeks and think that everything has gone to hell suddenly. I've never understood these people.

I think today, someone entered into a position. I don't think it's MM's etc. I bought my shares in a 500k chunk. Could just be another person like me. Hell, I could buy a 1mil share chunk for what I paid for my 500K.

I wouldn't read much into the trading...However I will note, the ask is .024. The next ask is at .028. Much more buying and it may pop a little.

mike