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


To: John D who wrote (4507)11/18/1998 10:53:00 AM
From: Siber  Respond to of 7609
 
Exactly right John.

I am not expecting that ARET will show any revenues when the 10Q is filed, more than likely will show a deficit, and it certainly will not deter me. They simply can't show any revenues this soon. As you said, it is the future that we (or most of us) are looking towards. The future, to me, will be next year some time. We must remember that a company has to spend money to make money. They are putting together a nice little package which will surely fill the coffers.....down the road.

As for Rosy, well....he's hyping ARET on the PRWT thread. We all know this means that he intends to pump it up. He likely has bought several hundred thousands of shares in increments at these low prices and even if it now goes up a mere .001 he will make money, and then go back to bash mode to get it down again. This is his modus operandi. We have seen it happen before and it will happen again. Unfortunately, we have to put up with him.

With that said, he can pump and dump all he wants. One of these days though he will be caught with his pants down because ARET will begin to move again and when it does there will be no looking back.

If you look back at some of the posts, you will find that several people have talked to the company and came back feeling very positive. TsioKawe went a step further and called the Chiefs of the First Nations Reservations involved.

I am patient. I will wait. In the long run the wait will be rewarded, in my opinion.

Regards,
Helene



To: John D who wrote (4507)11/18/1998 10:56:00 AM
From: tonto  Respond to of 7609
 
Thanks for your post. Rosario's failure to be able to respond with any backup has made the point that had to be made. Of course what he is saying is false. That hurts innocent investors.



To: John D who wrote (4507)11/18/1998 11:00:00 AM
From: WineOh  Read Replies (5) | Respond to of 7609
 
Folks:

REALITY CHECK TIME!!

ARET is less than 1 cent, remember?

They have nothing going for them except a lot of talk on this board, period.

I am long A LOT of ARET around 1 cent and I hope it works out for us all.

BUT PLEASE don't tell us how wonderful this highly speculative investment (I hate to use the word) is.

For all his faults, ROSIE was/is only telling you the reality.

That is there is NOTHING going on at ARET. Read the filing

Less than $300 in cash and NO REVENUE, PERIOD.

IMHO the big buying last week was a short covering squeeze, nothing more.

Remember this is a stock that is less than ONE CENT.

The whole company is worth less than 2 mil. (Not bad for a clean shell though).

Good Luck to us all but stop the hype it's just an empty shell.

BTW, Any significant price increase will probably occur after tax selling time is over. That ends 12/31/1998. So expect price increases on or after January 1999.

I hope and expect it to happen then.

If we get really lucky, something may actually happen of substance at the company, but we'd all be REALLY LUCKY.

WineOh