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


To: Mr. Jens Tingleff who wrote (2265)9/11/1998 2:56:00 PM
From: tshane  Read Replies (1) | Respond to of 7609
 
Somebody for some reason is definitely committed to keeping this stock at .01 or under. (IMO - needs to be stated here)

There are things companies can do in conjunction with shareholders besides press releases if they want the share price to rise. Not sure why they aren't working more collaboratively with the shareholders. Any time there is this vagueness from the PR company and the directors about the number of shares and trading patterns it has been my experience that the shareholders' interests are low on the priority list and the shareholders unfortunately usually come out last.



To: Mr. Jens Tingleff who wrote (2265)9/11/1998 3:26:00 PM
From: TraderGreg  Read Replies (2) | Respond to of 7609
 
Agreed on the reverse issue. Companies that reverse do so either to get to the NASDAQ or because the authorized is getting nudged by the outstanding.

NEITHER OF THOSE SITUATIONS APPLY TO ARET...as you stated.

However, IMHO, the selling at the end of the day in blocks could easily be MM shorting, it is nearly a sacrament among MMs to short sell if for no other reason than to keep business flowing.

It is also possible that prior option holders are exercising and selling those converted shares.

Has the O/S increased significantly? The answer to whether it is shorting or dilution/conversion lies with the Transfer Agent.

What is frustrating is that it is still going on!!!

TG