To: robert duke who wrote (14318 ) 5/3/1999 12:20:00 AM From: THE PHANTOM Read Replies (1) | Respond to of 41369
Hi Robert: Boy we have been taking a ride over the last two weeks, but since I'm long term I'm really not very concerned. Run-ups before quarterly reports and selling after it. Up 3 and down 2, but up, up, up long term. This is one stock I would not want to day trade with. You could get killed. I still feel very confident that we will get at least one more split this year. Anyway, my initial projections by the end of the year you will remember was one more split and a share price of at least $100. If it doesn't split then the share price would be at least $200 by the end of the year. I really don't think that is any problem at all. Note that at least 6 brokerage houses have 12 month estimates of at least $200 a share with (can't remember the name) one having a price at I believe around $250 a share. Hang in there. You're long term anyway and will do very well. Don't worry about the roller coaster ride. We're way up this year already. We just got spoiled early. OT Was also thinking about you and your posts this week when a stock I have held on and off for the past 5 years went through the ceiling. Yes it's a penny stock, but one with a lot, and I underline that, with a lot of upside potential. Please, I am not trying to hype ARET. I will give you the thread name and a couple of posts for information for you or anyone to review. Over the past 2-3 weeks the stock has gone from .007 to .052. Yes that's seven fold. Several times last week it was the number one volume penny stock, one day with shares being traded in excess of 200,000,000 shares. The thread from SI is AmeriResource Technology (ARET), and the two latest posts for information are # 6439 and # 6442. Review them if it interests you. If you pass, follow it just for fun to see how you would have done.. I was in this stock when it was selling at around $.28 a share, sold it and have bought in at various levels as low as $0.0063. As with AOL, I have been very heavily invested in both of these stocks, holding long term for both of these. Anyway, good luck. You'll have a bundle for your retirement with AOL and I'm sure you'll retire early if you choose. PHANTOM