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

To: ROSARIO who wrote (4605)	11/22/1998 6:27:00 PM
From: Don Pueblo	Read Replies (1) \| Respond to of 7609

Looking good, Sports fans, twice as many buys as sells and finishes up 14% at .0085 cents. Solid action past three weeks, good signs that the insiders know that this puppy is going higher. Good Luck 1. We'll forget the fact that you BB investors deal with double prints on the OTC BB (divide the volume by 2), or that some of the trades went off at .007 and not .0085, and we still get the maximum amount of money invested in this "puppy" on the day of your post is (drum roll) $10,540 2. Twice as many buys as sells. You obviously think that anyone that believes this is stupider than you are. You are probably correct. There are, however, some people that know you are high. 3. up 14% You mean it closed on the ask, and it's up from the bid yesterday? The spread on this "puppy" is TWELVE PERCENT. It traded all day between the bid and the ask. Assuming more than one person bought stock (which means maybe 3 guys tossed in 3 grand each, or 30 morons put in 300 bucks each), then they bought at around .008, right? If the stock goes up TWENTY PERCENT on the ask, (.0095) then the bid should be around .0085, right? Now if it goes up another TWENTY PERCENT (up to over one penny a share, at .011), then the bid should be around .0095. With me so far? So the guy that bought it for .008 can get out for .0095, which would be around a 15% gain. So the stock has to go up THIRTY PERCENT for the buyer to get a FIFTEEN PERCENT gain, before his commissions. That's a pretty solid deal in my book, yeah, bubba! 4. Solid action past three weeks... what does this mean? It's trading the same dollar volume in one day that CSCO trades every FIVE SECONDS OF EVERY DAY? 5. ...the insiders know that this puppy is going higher... Really?!! That's interesting. What insiders are you talking about? The only insiders that know the stock is going higher would have to be manipulating the price. That's illegal, dude. Now, don't get me wrong, I'm not saying you're lying. As a matter of fact, it could very well be that the insiders do know that the stock is going higher. It may get up above a penny a share, and there could be days when 20 or 30 grand moves into the deal. But suggesting that "insiders" (you mean the promoter you work for?) know where the stock is going is...uh...well, let me put it this way: You're bitching about the rules on SI? The only bad thing about the rules on SI IMHO, is that you are allowed to post the horse manure that you post. Tip: buy five shares of CSCO. It's a blue cheep.