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


To: John who wrote (3035)1/2/1998 2:00:00 PM
From: James Lee Baldwin  Read Replies (2) | Respond to of 4594
 
I don't think we're seeing day traders. Blocks of 25k-40k doesn't seem like day trader numbers to me.

James



To: John who wrote (3035)1/2/1998 3:21:00 PM
From: (Bob) Zumbrunnen  Respond to of 4594
 
I disagree whole-heartedly. Personally, I think that .020 is now a thing of the past and that we won't even get below .022 anymore. Anybody who sells at .020 right now would surely be doing so for a loss, and anyone who wanted to sell for a loss would've done so before now.

I think it's going to be a slow steady climb until the 16th, which is two weeks from today. If there's no news then, it'll trade sideways for a week or until news comes out. If no news comes out by the 23rd, sure, it'll drop, but I still don't think it'll come down to .020. Personally (this is *only* my opinion), I think it will be close to 4 cents by the week of the 16th in anticipation of news.

If this stock were trading at 5 cents, I could see it hurting the price if Delmar wants to sell at 5 (I don't think that's his price anymore, nor am I even sure he intends to sell at all -- a 144 doesn't imply intent to sell; it only makes the option possible). With it trading this low, I don't think the 144 is exerting one iota of downward pressure.