Oh my.

Oh my!

Oh my!

Ah, the chairmen and the finders still breathe.

It is not a tunnel. It is a mine shaft going straight down to oblivion.

Maybe.

Anyone "loading" down here? The downside is pretty slim.

That's silly.

Can't get blood from a stone.

There is no wisdom in Wealth & Wisdom. Trust me: or, don't.

Again, change is not in the chairmen's or "the finders'" DNA.

Oh my!

Nothing will change. It is not in their DNA.

Oh my!

There are, and will be, no profits for AMCO.

The chairmen and "finders" are incompetent. And all of their countrymen know this.

Oh my!

Ah yes, scraps.

Oh my!

Too bad AMCO is focused on barley and wood.

Is the inventory that the chairmen and "finders" just wrote down the same inventory they wrote up a few quarters ago? You know, the inventory in which they found all that valuable "scraps."

Wood and barley? Oh my.

Oh my!

It might be time for the chairmen and the "finders" to embark on some shenanigans.

They could pump it up to $0.80 and pocket a nice 75% return which wold be about what they have done in the past, maybe a little on the high side.

Kind of a bummer for those who loaded at $1.40 a few months ago and recently again at $0.70. But, that's how the cookie crumbles I guess.

Oh my!

Oh my!

I don't think any shenanigans are underway but you never know.

It would be a new low by the chairmen and the "finders."

Does it really make difference?

You know, just saying.

Luck?

It is Friday the 13th.

Oh my!

Buffet always does his research. Especially into the management who are running the companies he invests in. Have you done yours?

It is interesting to see those who "loaded up" at a $1.40 a few months ago all agog about "loading up" again at $0.70. Gee, maybe they are averaging down; that would be about $1.05.

I hope they get the chance to get out at $1.05 and don't look back. But, alas, the probability that AMCO will ever get back to $1.05 is 0.

There will be no earnings for the 2nd quarter because there are very unfavorable market conditions for scrap of any kind, and AMCO management is incompetent. I haven't checked the price of wood or barley, but AMCO management probably hasn't either.

I hope you all get out when you can, but something tells me that some are still drinking the Kool-Aid.

The share price is simply a reflection of the chairmen and the "finders."

Insane.

Trust me. This market is making perfect sense. 100%.

AMCO blows my mind!

Yikes!

Yes.

The CEO said they made a $2,000 per ton PROFIT on a sale of some unspecified non-ferrous material.

I thought to myself, REALLY??

"The CEO said..."

You are kidding.

Get real!

Oh my!!!!!

Oh my!

Oh my!

Oh my!

Yikes!!

WoW!!

"In the second quarter so far, the Company has delivered non-ferrous scrap metals of approximately 2,455 metric tons and expect to generate estimated gross profit of approximately $4.9 million from the sales which sales contracts were signed in the first quarter."

What is this non-ferrous scrap that AMCO magically makes a PROFIT of $2,000 per metric ton. Amazing.

Oh my!

CHEAPIES ??