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


To: THE PHANTOM who wrote (3213)10/5/1998 2:47:00 PM
From: Ron logo  Read Replies (1) | Respond to of 7609
 
It is nice to speak with you again phantom. It has been a long time. I think it was just you and I that were messing around with this issue when back when it only traded 300,000- 400,000 thousand shares a day. I think even that was a lot for this stock back then :) My take you ask. I think we are at or near the very bottom of their cycle. They are buying back there short positions and accumulating long positions. I think the stock will make another run for the .05 range in the near future. Market makers will tend to stick together on what they are doing. Unfortunately they almost always are going short. Especially on the penny issues. I have noticed that a lot of the same market makers that were selling in the .02-.03 range are on the bid buying back there shorts now. Theincrease in volume on the sell side at the bottom of a trading range tend to happen when the market makers are buying stock. I can give you many examples of this happening on other stocks. However, If you e-mail me I will get back to you. I do not need to argue with Rosie about this also. I am holding long. I will add to my position if the stock dips any from present levels. Again it is nice to see you around again. Kind regards..........................RON