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


To: mtnres who wrote (3024)1/2/1998 10:26:00 AM
From: (Bob) Zumbrunnen  Read Replies (1) | Respond to of 4594
 
Addendum to my previous message:

Those predictions (and they're only my opinion) are based primarily on the spread staying small. Right now it's large (0.020 x 0.023 with the last at 0.022 on 425k shares). If the spread stays like that and squelches buying, it won't come up as high. If the spread stays wide yet people continue to buy, it'll blow right past my 0.025 to 0.027 prediction in short order.

Personally, I'd rather just see the spread stay narrow. I don't think a 0.022 bid is much more likely to attract sellers than a 0.020 bid is, although there will be some who will take the quick 10%.