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

To: James Mitchell who wrote (6957)	6/2/1999 10:40:00 AM
From: OLD JAKE JUSTUS	Respond to of 7609

Up one minute and down the next! Did it actually get to 16 cents today? Or was it 21 cents? Is the party over? The day isn't over yet! We'll see. Good Luck!

To: James Mitchell who wrote (6957)	6/2/1999 10:44:00 AM
From: Chris K.	Read Replies (2) \| Respond to of 7609

I think that this was a MEAN shakeout by MMs. They know that there are many eyes watching this stock and they know that included in these eyes are a lot of weak hands.... What does this do??? They panic sell when the bid / ask are lowered a little!!!! This in turn causes a domino effect which causes the price to tank up to the base (I guess that would be 9 cents!!) When the longs and those who aren't afraid of shakes put their foot down and respond BY NOT SELLING, we see the catch up that we are experiencing at this point (we are back at 10 cents). The smart investors take this chance to buy some more shares on the dip (hehehe) and will make more profit because they have more shares... I think it is as simple as this. I have seen in numerous time in numerous penny stocks (none as bad as ARET's shake though!!). I think MMs have plenty of spare shares at this point and they are ready to let her go... CK.