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


To: John who wrote (3493)2/15/1998 10:36:00 AM
From: Michael Harb  Read Replies (1) | Respond to of 4594
 
I think people get over concerned with the number of shares outstanding. The number is absolutely meaningless without relating it to the price of those shares. I forget the number for ARET. Somewhere around 100,000,000. That's a market cap of only $2million. Incredibly small. (Remember a good number of the shares are held by insiders ....and Bob Z...lol)

It won't necessarily take a huge share volume day to move the price. It will take more lopsided buying. We've seen several million share days where the price hardly budges. We've also seen a couple hundred thousand share days where it moves 20-30%. If the MM's see all buys coming in, they will start raising the price until they meet resistance.

Filing of the financials, regardless of what they look like, will be a positive. It will relieve current and potential investors of the worry of ARET getting delisted in the future. And if they can secure a decent size contract in the next couple months, I think we will see a tremendous amount of optomism begin to build here. I think a price of > .10 is very possible in the next 6 months. Here's hoping at least.

mike