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


To: Market Tracker who wrote (1088)3/31/1998 4:43:00 PM
From: WinnerSBW  Read Replies (1) | Respond to of 1911
 
Hello gentlemen,

Nice weather! What a treat.

I can't help but notice how hard the market makers are trying to keep the closing price of Ames under $21 1/4. When you look at the one minute charts each day you will see the quick drop at the close almost every day. Usually it is on very small trades and right after a big buy order. Today for instance there was a buy of 10,000 shares at $21.625 and within a few minutes they were able to drop the price to $21.125 to close out the day. Nice piece of work!

Arthur,

Thanks for the updates on the store traffic. I haven't been able to get to any stores recently. I will try to do so soon.

Last Sunday I was featured on the front page of our " Cape Cod Times" newspaper in the business section. I was interviewed for an article which profiled investors who used the internet for trading and investment research. I volunteered to do the article and provide them with information, links, and some of my recent stock tradings. It was fun and it I got my face in front of 80,000 people who now know about me ( and not to mention a free plug for my boat businesses) and how to utilize the internet as an investment tool. Many people have called and inquired as to how I found Ames as an investment. I spent the majority of my time discussing what a great find that Ames has turned out to be. Ten bagger and all.

Gary,
I will bring along a copy to the annual meeting so that you can get a laugh. :o)

Talk to you soon.

Barry