Arete Industries (ARET)

[MSEED]

Answered your own ques.
Once the news does come out it will u/t to .02+ if the prelim info of a 50M+ revenue oil company is solid. Yes, MM's played this stock along with all other pinks. However, its the "teach me to trade seminar loser" that can't hold his position and sells at the smallest sign of downturn, creating the perfect catalyst for MM's to play with.

MM's played the pps from .006 to .02, then replayed it again from .009 to .015, and back again. With no news out yet, anxious investors dump and the MM's will now buy again @ .0085-9 and drive back up. Then, the retail investor will see the start of an upside and jump on, further increasing pps.

MM's play with the retail traders emotions with these pinks. How many retail traders get scared and bail with a short term loss, only to kick themselves after the pps ramps back up. Yes, the support is @ .01, but MM's will do mirror trades widening the bid ask to scare retail traders into bailing, thus forcing pps below real support levels.

IMHO, the floor is .0085-9 and all info received from the CEO suggests the merger is real. Hang in there, spread your risk/diversify and let it play out. They say the best traders are pilots because they do not make emotional decisions.

GLTY/ Not a buy or sell recommendation