SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ARET (Formerly KLHE) -- Ignore unavailable to you. Want to Upgrade?


To: Michael Harb who wrote (3492)2/14/1998 5:57:00 PM
From: John  Read Replies (1) | Respond to of 4594
 
I think the main point here is that it's going to take enormous volume (the majority of which must be buying, obviously) to lift this puppy up. I think the most likely scenario will be one of those unexplainable two to four day runs, that may happen at some point during the next year, in which we see a daily volume of 8 to 12 million shares for a day or two, and corresponding price appreciation to 5 or 6 cents. It'll sure be a race to sell at that point, because with all of those shares outstanding, I can't imagine how ARET could ever hope to sustain a price that lofty. Maybe with a couple of years of positive earnings and a clean nose, ARET will rise and prosper. I think that under the very best of circumstances, I will be extremely lucky to get a 40% return on my investment. If I get 20%, I will be elated. In fact, I think I may start daytrading the shares that I have accumulated at .021 and less the next time we get to .025 - .030. It seems I should have been doing that all along. I damn sure would have a lot more shares by now, using the elevator approach. :-) Oh well. Invest and learn.

Another week without the long promised finacials has come and gone.

Ciao,
John