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


To: Mark Osgood who wrote (6678)5/19/1999 5:56:00 PM
From: MakeMoney  Read Replies (4) | Respond to of 7609
 
To "Mark Osgood". Wow - good questions!! UNfortunately i really have to get back to some meetings so i am going to have to give you some rather (very) "half-ass" answers. perhaps someone else on this board can do better - i am sure that they can. anyway - to get onto the NASDAQ from where ARET is now is like "light-years" away. as i understand the "rules" (criterion) of a NASDAQ listing they are - basically - the stock price of the company has to trade at above four (4) or five (5) DOLLARS ($4.00 - $5.00) per share for a certain amount of time. No - i am NOT sure of how much "time" because these rules seem to be always changing. the company also has to have a certain amount of "net-worth". No - i do NOT know how much this "net-worth" has to be but i am sure that it is a "hell-of-alot" more then ARET is presently worth. however - look - the basic "point" to all this is - WHY DO YOU EVEN CARE AT THIS PARTICULAR POINT IN TIME? ARET is - NO DUH - still just a "micro-cap" company with a "micro-cap" stock price. however - the company does (IMO) have TREMENDOUS future - FUTURE - prospects and potential to be a whole lot more!! Oh yeah - you also asked about the "float". well - guess what - right now the amount of shares of stock in the "float" totally SUCKS!! Gee - maybe that's why the stock is selling for only about eight-cents ($.08) per share - or whatever. if the "float" of this company was a lot less then what it presently is then the stock price would be a lot more then what it presently is. there is a RUMOR "going-around" that ARET may do a STOCK BUY-BACK PROGRAM just as soon as the company gets the money to be able to do this. this would - NO DUH - make the stock price of ARET go totally "nuts". again - concentrate on the FUTURE - not the past!! in short - what you have here with ARET is a company that is still in the DEVELOPMENT (embryo) stages of it's growth. however - the company most definitely does seem to be very quickly turning into a "real" (profitable) company. HAY - guess what - PROFESSIONAL stock market investors do NOT ever purchase the stock of a company based upon where the company is today or where the company has been in the past - NO WAY!! PROFESSIONAL stock market investors always purchase the stock of a company (ANY company) based ENTIRELY upon where they believe the company will "be" in the future - and they are almost always right!! that is precisely what is driving the increase in the stock price of ARET now. the professional stock market investors are thinking about the FUTURE of this company - not where the company is today or what has happened with the company in the past. remember - if you are truly going to be "successful" (make money) in the stock market always - ALWAYS - concentrate entirely on the FUTURE - not ever on the past or even the present!! think ONLY about the FUTURE - always the FUTURE!! take care, my friend.