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


To: MakeMoney who wrote (2225)9/10/1998 9:01:00 PM
From: Mr. Jens Tingleff  Read Replies (1) | Respond to of 7609
 
I have been asked in PM what my opinion is as to why we do not see a better movement upwards on the news we get. Apart from agreeing with MakeMoney, there is also the basis for movement to consider.

9-14Market Makers's are working with ARET shares. The market is moved up / down by the market makers. If any just one single market maker does not appreciate ARET's new position - what ever may be behind - and keep his bid/ask low - Then all the other mm's have to stay with him to ba a part of the buy/sell action.

So I would say that one (could also be more) MM's do not want ARET to go up with the same speed as we would want.

We do see that it's easier to move the price down than up - and I expect that there is only one or two MM's that holds it back. Let's just hope that such troopers of low price end up learning that ARET is worth more.

Kr
Jens