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


To: Market Tracker who wrote (1076)3/26/1998 7:23:00 AM
From: Arthur Tang  Read Replies (1) | Respond to of 1911
 
Thank you, Gary. We still have to check in, on market makers, so that they do not create overbought situation that they can not overcome. Rumours of question on Waldron, a small market maker recently, warned me about our new economy which is difficult for market makers to buy back borrowed stocks(with all that money coming in). Average up on sold borrowed stock is a monumental task that needs fast and large up moves, which is a danger by itself. So far, so good.

I, no longer, ask people to buy AMES, whatever good condition it is in. No overbought condition would be better for everyone.