Allied American Steel Corp. (fka AAST)

[Johnny4profits]

Thank you for this link...............
http://www.pumpsanddumps.com/

Here are three others I find interesting:

http://www.denverpost.com/nationworld/ci_18136945

http://www.sec.gov/complaint/tipscomplaint.shtml

As for AAST, it appears that some reasonable challenges have been raised in regards to the nature of this company, the stock and the management, certainly worthy of consideration before jumping in. This isn't to say that money can not be made in an AAST trade, it's just at what risk to reward ration and from what bottom.

Right now it is pretty obvious that initial BAG HOLDERS are bleeding profusely and even SHORTS have been unable to make up their minds in spite of the plummeting PPS, which does not yet show that the bottom has totally fallen out here. This suggests to me that regardless of the roughly 50% fall off and the staffing issues and the pump, the lack of confidence is not putting their money where there mouths are. I mean, otherwise it would be SHORTED heavily. Wouldn't you think?

In any case, interesting watch...............




:)
NOTE: IMO not intended as investment advice. I seek out knowledge, facts, wisdom and excellence in the pursuit of my craft hopefully resulting in profits. This is the idea anyhow!
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RED is for automobiles and women's shoes, not portfolios!

Vrooooommm, vroooooommmmmmmmmmmm, vroooommmm...........