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


To: Due Diligence who wrote (3039)1/2/1998 2:36:00 PM
From: Michael Harb  Read Replies (2) | Respond to of 4594
 
I think the reason we are seeing mostly buying today, is that anyone interested in selling in the near term would have done so before the end of the year to take the tax loss. You would be a fool to wait until today and sell. I think the tax loss selling has held us down for the last month. (I don't think there are too many folks that could have sold this morn and claimed much of a profit)

mike (still holding)

ps. John. Don't worry about the announced insider selling. The stock already tanked on the news (ie, it's factored into the price), and besides Bob Z. owns most of this company ;-)