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


To: Mr.Manners who wrote (279)6/24/1998 2:57:00 AM
From: Gobe  Read Replies (1) | Respond to of 7609
 
I expect this announcement to have no effect on the stock price.

Tuesday saw 36 trades for a total volume of 1,573,900 shares. I'd be interested to learn how many of these trades represented buying of shares from MM's and how many of these trades represented selling of shares to MM's.

I suggested in an email once (maybe to Jens) that the only thing that's going to move this stock substantially and permanently is EPS. Until ARET shows the world in black and white that they can make a buck off a deal, the cork will remain firmly in the bottle. Until ARET makes that buck, this stock will remain a highly speculative gamble that most serious investors won't touch with a ten foot pole.

Gobe