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


To: Gobe who wrote (1135)8/2/1998 12:14:00 AM
From: Pami  Respond to of 7609
 
Gobe!

You know, I'm going to have to rethink the day I got in...it might have been a few days before you, because it was at the height of all the craziness on AOL with Goldee B hyping everything in sight. I fell right into all of it...the greed monster rearing its ugly head and taking over my reasoning ability! Not sure I've learned my lesson yet...got into ITEX during its run two weeks ago and didn't get out at the end of the day like I promised myself I would. Oh, well! I like my job! Who needs to retire??? <sniff>

Glad you've had the foresight to make the best of your situation and average down. Shouldn't feel quite as painful sitting where you are. Your strategy is sure to see you in good stead!

Good luck!

-pam



To: Gobe who wrote (1135)8/2/1998 4:14:00 AM
From: lakers17  Read Replies (1) | Respond to of 7609
 
Gobe..............

Don't be a fool. My shares of ARET average .017. If it hits .04 I'm selling half of my shares and the rest of my shares are free. If it continues to rise I will sell off small lots to take some profits since Internet trades are so inexpensive. DON'T BE GREEDY. I can't tell you the amount of times I(in the past) and others I've observed, hold on to stock waiting for it to be over $1 a share and make me a very rich person. 99% of the time it is not going to happen. If the stock gets a couple of good spikes it comes back down. Then there's the trump card of a reverse split. Go through a reverse and 95% of the time you will never come close to breaking even. You've averaged down nicely with ARET. Just don't be greedy. Lock in your profits on a good move up. Even with good news we may need a forklift due to the weight of all those outstanding shares with more possibly being added.

Lakers