To: RockyBalboa who wrote (644) | 8/30/2001 10:01:02 AM | From: Kevin Podsiadlik | | | FWIW:
AREM reported delisting notice yesterday afternoon and is trading on the pink sheets as of today. Opened around $1.60.
And now, a moment of silence for the roll call of the victims of this company. (Please ignore the opening paragraphs due to risk of howls of laughter which would ruin the somberness of this occasion.)
messages.yahoo.com |
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To: RockyBalboa who wrote (647) | 8/30/2001 11:53:32 AM | From: Craig Bartels | | | I congratulate the shorts on this one. But, who believes it is only worth 1.60? Jeez, I know they made some mistakes, lets say that their earnings have only been 1/4 of what they have said, their P/E would still be under 10...
I wonder if jacobs will just buy the company now..
chbartel |
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To: Craig Bartels who wrote (648) | 8/30/2001 12:57:54 PM | From: RockyBalboa | | | I know pink sheet companies which trade at 25 cents and post gains. All a matter of trust. Could AREM be trusted? Market says no.
Can I trust AREM? No, are `there current financial statements around?
How could you possibly know what the P/E is? |
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To: Craig Bartels who wrote (652) | 8/31/2001 9:09:47 AM | From: RockyBalboa | | | Seems to be common now, in case a company does not do the right things.
When Simon Worldwide (Cyrk) employee scam was uncovered stock traded down 86% and has not recovered since. Same as flour city...and many others, stocks barely recover from their damage... |
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