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


To: David Sirk who wrote (1252)8/4/1998 4:52:00 PM
From: GaryGolf  Read Replies (2) | Respond to of 7609
 
David...correct me if I'm wrong. If the MMs sell shares they don't have, they have to buy shares at a lower price or they will lose money. So with that scenario, the price can't go up until the MMs are "back to even". For instance, if the MM allows me to buy 100K at .014 when they do NOT have the shares, they will have to keep the bid under .014 until somebody sells 100K to cover me.

You talk a good story, but I'm not convinced this is happening...unless, some of these "buys" (as it appears today) were actually sells. Or unless the MMs have several Million shares accumulated already, which may be so, with several large block sells recently.

I haven't had much time to post recently, but I do try to keep up with this board. I've talked with Jens several times and he knows I've been around awhile. I've been around long enough to see this stock hit .01 twice and .04 twice. But I'm still here more excited than ever with the recent news, and the fact that news is now being paid for. I sold some shares awhile back but have recently bought more. I may be buying more if it stays this low a little longer!

Long on ARET! How long? As long as it takes to get over a dime (or thereabouts), and then I'll slowly leak some back for the new investors. As long as this company continues to get stronger, I will hold a portion for the VERY LONG timeframe. But we'll have to see how the story unfolds.

Gary