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


To: Due Diligence who wrote (2069)9/4/1998 7:49:00 AM
From: Mr. Jens Tingleff  Respond to of 7609
 
I recommend to hold on to shares - There have to be news connected to the buyback - And money of some kind have come into ARET - There's a need to take the shares to higher pricelevels in order to get best value in further acquisitions - Therefore I recommend not to sell any until close to 10 cents - My strategy is unchanged - sell 20% of holdings at 9 cent. Accumulate till then. I added 50K yesterday - Would probably not have done it if I had seen the news. - As I say time to ad is in time between news.

Someone mentioned that is was cheapest for the last month - It is actually at cheapest levels for the last year. Highest level were 6.3 cent in october last year. Only based on trust in management !! and expectation of news. I do believe that ARET is coming in a position now that will bring black figures at year end.
Just watch coming news. There's definately something up.

Kr
Jens




To: Due Diligence who wrote (2069)9/4/1998 8:51:00 AM
From: articwarrior  Read Replies (2) | Respond to of 7609
 
History they say repeats itself. Could this be a short term play for pump and dump to raise intrinsic value of stock then sell off? With the yield curve dropping sharply this portends lower long term interest rates which should inspire the building industry. More capital for start ups is needed. IMO a higher stock price is the prescription for their growth and capital financing.