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


To: Roger Bodine who wrote (3803)10/17/1998 1:04:00 PM
From: Ron logo  Read Replies (4) | Respond to of 7609
 
They are making plenty roger. They short the whole way down, they get the stock to a place where they have shaken almost all of the stock back out(lower). Probably close to that point now. Then they start to cover there short positions. Some even accumulating a long position before they start to move the stock back upwards. Why bother you ask. Simple if you are able to short a stock out with millions of dollars of trading capital behind you- the likelyhood of many buyers willing to buy as you drive down the price is scarce. I know we use much the same tactics when I trade at work. Fear is a better motivator. As for your turnover rate and 2 million avg shares traded. They are covering positions short from the .02-.03 and down from there. From that range it is a very large percentage gain!! On millions of shares it makes this worth while. Millions of shares that are positioned I mean. There positions are much bigger than you or I could fathom (short) They are covering now, as well as taking long positions. "Sounds like the company has little to say about its own stock" I have ALWAYS said this but it has fallen on deaf ears. People like to listen to the garbage that Rosario posts. I will say it again for the last time. The company does not move its own stock. Yes they can give some backing (like press releases) which they have. Ultimately it is the market makers that will control what happens to a companies stock price. Be patient my friends you will be rewarded. I have already shared more than I had really wanted to. Please I ask you to leave it at that. I have a reputation and job at stake. Wish the best of luck to all investors of ARET. Kind regards.....................RON



To: Roger Bodine who wrote (3803)10/19/1998 7:17:00 AM
From: James E Lynch  Respond to of 7609
 
They get a commission no mater what the price is.