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Microcap & Penny Stocks : Ames Department Stores (AMES) -- Ignore unavailable to you. Want to Upgrade?


To: Market Tracker who wrote (1035)3/16/1998 6:29:00 AM
From: Arthur Tang  Read Replies (1) | Respond to of 1911
 
Thank you, Gary. Yahoo message board is probably more interesting in the fundamentals of AMES to invest. I don't post there; because SI has more serious investors and others involved in the market. The market (or money) is basically in the 13 largest brokerages (large stock pools and cash pools). So far, we are doing OK; but to go from $1.87 to $66/share; the short interest has to be averaged up. It takes a long time to accomplish that. It is just the way it is. The company fundamentals always has to lead the market. This is the program that AMES has to follow. Get maximum efficiency; 3% profit on revenue. Then expand.

Imagine when it reaches $100/share, and we have to split the AMES stock. The AMES stock certificate is just like a product, has to be priced right. Every thing is a product; marketing is most important and that is accomplished by brokers hawking the stock.