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


To: grw5 who wrote (3365)1/27/1998 2:53:00 PM
From: Novice Bob  Read Replies (1) | Respond to of 4594
 
George:

I would think so. This has been a difficult stock to buy, I have been chasing it for a few weeks now, it appears to only respond to market buys. Everytime I place a limit order just behind the ask, within one minute the ask goes up????

I am not very knowledgable about the nature of these things, but I have purchased other stocks this way. ARET acts differently.

Not sure why!

I am going to back off, I want to see what the financials do to the price. I would not surprise me if the financials have an affect the stock price.

Robert



To: grw5 who wrote (3365)1/27/1998 2:58:00 PM
From: (Bob) Zumbrunnen  Respond to of 4594
 
I think it is possible, and, IMO, the trading activity often indicates such a possibility. We know of a handful of "strong hands" and I've spoken personally with a couple of others that aren't on the list.

Trading activity tells me that quite a bit of the float is being held fairly tightly, but that doesn't mean that those "strong hands" will hold forever. Lest I come across like I'm saying the real number of floating shares is very, very low, I'm not. I think it's possible, though, that it's really only a fraction of the total float currently.



To: grw5 who wrote (3365)1/27/1998 3:47:00 PM
From: Kevin G  Read Replies (1) | Respond to of 4594
 
I agree George...Also, float is deceptive. 150,000,000 @ .027 is the same as 15,000,000 @ .27 and is the same as 1,500,000 @ 2.27.

In Dollars VS average holdings the float seems quite small.

Bottom line... Any money coming into ARET will make the stock apear
to have wings.

Bring on the contracts... 8- )

Kevin G