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


To: RICE who wrote (2791)9/18/1998 11:57:00 PM
From: bottomfish  Respond to of 7609
 
This stock is definitely a roller. What causing massive fluctuations in prices? What chart services on the net that gives good indications of penny stocks?



To: RICE who wrote (2791)9/19/1998 12:13:00 AM
From: TraderGreg  Read Replies (1) | Respond to of 7609
 
It is quite common for a stock to make an initial run on promise of news and promotion by the various newsletters on the Internet. After that initial run, the stock pulls back as selling and shorting kick in. People buy in, hoping for a similar run in the near future. Invariably, the next run pales in comparison to the first one, even in the face of great news.

As time goes by, frustration levels increase, the threads get testy, and people keep selling on even the slightest pop. MMs pick up on this and short. Well coordinated shorting can drive a stock down even with good buying. MMs wield a lot of control over the direction of a stock's price.

It's a very frustrating situation.

TG



To: RICE who wrote (2791)9/19/1998 7:26:00 PM
From: TsioKawe  Respond to of 7609
 
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Waneeshee (May the way be beautiful)

TsioKawe
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