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


To: billieo who wrote (2508)9/16/1998 5:01:00 PM
From: David Sirk  Respond to of 7609
 
It's good to get some early momentum. If heavy buying comes in at a higher price that may set the stage for a rally in the stocks price. People will look at the chart and see that the last time ti made a move it went up to .03. So people will feel safe in heavy buying to keep on buying until the .025 level. This just accounts for the short term investors. There may indeed be more Long term investors coming on board now that the company continues to define itself



To: billieo who wrote (2508)9/16/1998 5:05:00 PM
From: TsioKawe  Read Replies (2) | Respond to of 7609
 
Lets use this as an example of gapping pennys...PRWT was selling for .015 one day, on its first Gap up the next open was .028 and the stock continued to climb to .036 that day, next day another gap up to .048 continuing to climb throughout the day...well needless to tell anyone who was early in PRWT the stock actually continued this trend until the price top was at .12 cents....with lots of time to sell for profits...If in fact the stock starts gapping up and continuing to climb from buy pressures the only hard part is picking the top and deciding what to do when there....If there are large selloffs on the first decent movements the top will obviously be much lower..but the stock would form a higher base than .011.

TsioKawe
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