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The current status is going to help A LOT. The paperwork is already listed on pinksheets.com with the lawyer review so that should change to CURRENT at anytime officially. In fact, they may already recognize it as such and just haven't changed it online.
I'm hoping for a better gain than that. The TRUE ask is actually at .0125. There are fake asks that are in place by the MMs. Look at the L2 and you can see it. So realistically it could gap to .0125 and should have a solid chance for running up to .02 .
I have been talking about it for about the same amount of time. Being a local and knowing about the company firsthand really made me realize just how much of a STEAL this company is right now. I jumped in head first! I just recently pumped my position to a million shares. That's not a huge amount but it does show that I really believe in the company and its stock. I think when you do your DD on a company and you really think it is perfect then it is just a matter of time before the price reflects that... and now is the time!
It would be nice for them to have that included tomorrow... along with the news... for them to be current on top of it... great! Lots of big events going on for this company. Should be a fun run. I hope you get the opportunity to get in tomorrow.
Agreed! The information is posted there though so that does help out a bit. I hope that's all done and finalized soon. Who knows maybe it will be by tomorrow. Surprised it isn't already.
Nice thing is that the President owns 62% of the company shares and they have like a 10 mil float... or had... ;0 I think the next couple of days should show just how oversold this company really is!
It has BEEN ready for a long time! I just don't think enough people knew about it. I am seeing A LOT of new faces around here today though so I think it is going to get the jump that it truly deserves.
Good luck to you as well! But you knew about this all along! I have seen you mucking around here for a while... and you are JUST NOW picking up more shares? ;0
I imagine pinksheets operates much like the government... it is going to take them more than a few days. My guess would be by the end of the month. However, just because they aren't listed as current YET doesn't mean they aren't posting current! Just them applying for that means that they have to start posting current in order to get that status. So I would say even without the official STAMP from pinksheets they are CURRENT.
Hahaha... mean... but hahaha... ;0 With no float... this should be a fun day tomorrow... ;0
I am basing it off of revenue of $10 million. They just added their 14th location so I'm sure they probably have substantial assets as well to add to that revenue number. The profit number is the most important part though... that is what will keep them around and they are projecting $2 million this year.
Hahaha... I am sick today so I have nothing better to do because my fiance and son won't come near me. I sort of sound like a whale during mating season after being jabbed a couple of times by a spear allowing the salt to get into my wounds... think about that a while and let me know if that is the picture of a person you want near you! ;0
So... with that said, AMSZ is my life! Besides... how else are we going to be a top 15 board! ;0
Make sure that you guys make it know that this is going to be another 5-10 bagger!
http://investorshub.advfn.com/boards/board.aspx?board_id=4235
I know there are several of us on here already that have talked about this taking place over the next week. I'm ready for the ride but it would be great to take many others along on the ride with us!
Good call! I would like to obtain a million more shares myself. I currently have 1,001,080 or something like that. Most of us are averaged in around .0125 so it should be a good fun run for all of us!
They made modifications to their pricing structure and offerings in order to accommodate the economy. This has obviously played out to their advantage as they reported a profit of $111,000 in the 4th quarter. As the economy here in Florida improves they should see substantial gains in same store sales over last year. I'm sure they are going to show that this summer when they produce quarterly statements. Now that they are reporting everything it should be a very transparent company! That is always a good sign of strength!
I don't think it will gap too hard in the beginning because most of the news is still to come. I would say that if you get in before .05 per share you still have A LOT of room to run. It should be valued around .078 per share with current numbers and outstanding. I imagine you'll see it get to around .015 tomorrow, which would effectively be a 50% day but we'll see steady gains up until the two different acquisitions land over the next 7 days. So regardless of the rise tomorrow it will be a good entry for the next two bits of news. Those are going to be MUCH more substantial.
I guess we'll find out tomorrow... the fun thing will be seeing how the 'float' plays out. I'm realizing that the float is gone so if that is truly the case these MMs are going to have to cover immediately. I love effing the big ugys! ;0
I bought them 100,000 at a time. Others have bought 50,000 at a time. The nice thing is that without a float it should go up quickly because it is already oversold. That's why I am thinking there will be an immediate squeeze on the MMs to cover. If this happens... well... we all know what it means when this happens. But it is nice to see it when it happens quickly.
Definitely! Nothing to hide with this company. They are good at reporting and they run a quality business. I have used their services and they have a great name here in Florida. Most people here have heard of them and I live in Tampa where they have no locations yet.
I listen to my fiance all the time... she's normally wrong... but I listen. How else would I get things to throw back at her? ;0
Looks like from now on we're going to have to listen to your predictions a little more... but remember that they are going to be off by half.
So what is your prediction for tomorrow so that I can add half to it?
The short should play out to our advantage bigtime. The MMs have been moving this sideways for the last week or so. We see a lot of internal calls of 100 to pick up more shares quickly and 911 because of the incoming news. They knew they were in trouble today and we're trying to clear their positions because they knew that the news was coming. I expect to see a squeeze relatively early on this one because they know it is sooo undervalued that it isn't coming back down. So we may see an early play to get out by the MMs which could push the stock up fast in the morning. But that is hard to say. I really don't know what our float is looking like. All that I know is we have several ASKs that are really low up front but the real price is somewhere around .0125.
The key thing to keep in mind is that this isn't your normal penny. They have a solid structure that is going to hold up. So even if the price goes up and dives it won't stay there because we know that it is soooooo undervalued already. This takes a lot of the risk out of the investment. The price has room to rise to .08 per share before it is even a question... easy 10 bagger over the next month.
Look back a couple of posts from yours and you'll see that they had 4th quarter revenue of $111,000 or something like that. Now that they are doing full reporting I think that it shows they are ready to go big in a major way! Those reports with just filed with pinksheets.com so you can check them out! They were filed at the end of last month and I expect that to make a BIG difference in how the company reports. So far they have been VERY upfront about everything so I imagine it was more of a technicality than anything. They are looking to uplist!
I am still waiting for some market mover emails to jump at me... I haven't gotten any at all since the bell so I imagine they are working on putting together some and I'm sure that some of them are going to include AMSZ. Now that FRHV and GOIG are out of the way there are lots of people ready for something new to play around with. The nice thing about this one is that it is a REAL COMPANY with REAL REVENUE... and it is UNDERVALUED. So the risk is MUCH lower.
Even the loss is a great number. That has just been taken care of with the $100k less in operating expenses due to this new deal. Now that they have operating profits on a quarterly basis this is going to be HUGE especially as they keep adding new locations.
Great on looking this up! I knew that I had read it somewhere, just couldn't remember where. ;0 I pretty much love this company!
I figure if I can pull out another couple thousand out of this week I can finally convince my fiance to let me put a television in our room... she installed the brackets and the wall sits bare. Why would you do that? ;0 I can't wait for this run. AMSZ is the key to my bedroom television future!
Good call on this one! It is definitely prime for a good run... it has been well overdue and think that has just been because it was a virtual unknown for so long. The company is now using its money after a lot of DD and putting it to good use. We should see some huge benefits coming because of it.
AMSZ is going to explode over the next week. They just released news of new revenues projected of $1 million with a reduction of operating expenses of $100,000 through the opening of their 14th medical spa location. This was announced on the closing bell!
The company is also set to announce the acquisition of another company with 3 locations in TN at the end of this week or early next week.
In ADDITION to all of this, they are going to be acquiring a second company that could potentially double their current number of locations. They are finalizing the details with their lawyers tomorrow and news on that should be coming out either this week or next.
The stock is currently WAY undervalued with revenue projections of $10 million for 2010 with PROFITS of $2 million. They also expect to have 40 locations by the end of the year. This company is growing, the management is solid, and is a VERY solid contender to be an 8-10 bagger within a month with 5-6 in the next 5-7 days.
The stock should shoot up for some solid gains tomorrow due to the most recent news that came after the bell but the biggest are going to come as the acquisition information is released. Regardless, this stock is prime to leap! Check out the number of outstanding shares compared to the $10 million in projected revenue in 2010 and you'll see it should be priced around $.08 currently but it is at .009. Great opportunity to get in on the ground of a 10 bagger.
If you don't believe me, watch it ride tomorrow! I'm expecting to see a gap out of the box. Currently one of the top 15 most active boards on Ihub... that says something right there! People are excited about this one.
I definitely agree with you here! $1 million in new revenue with a reduction of $100,000 in costs for a smaller company is seriously huge!
I think that was their year to date numbers? Am I correct on that? I thought that their last quarterly filing they had already made a profit... regardless, down $18k profit last year is a huge thing for a company that is growing like this. They have already made up that ground and more this year. With the big things happening this is going to be an insane year for them.
Hope you sold your tour bus... because when the pennies start rolling you'll want a bigger one!
I totally believed you when I opened up this morning... I figured there would be news but it never came... so to see it this afternoon was great. I find it interesting that they NEVER post their news at a normal time. The last one was midday. Just shows you have to pay attention!
Then you have found the right company! AMSZ has a solid standing. I typically only put $500-$1000 into a penny, but this one has a solid base so I plopped in for $10k. I know I am not the biggest player in this one but definitely think I put in enough to show I truly believe in it. Not to mention I have seen their locations, have been inside, and have received services from them...
Nah... not even a bit of anticipation. ;0 I'm ready for a nice roll... just keep in mind everyone that this first jump is the SMALL one. The next one which may happen as soon as Friday should be a decent one with the SMALL acquisition but the LARGER acquisition is going to probably land late next week and that should be the BIG jump. Expect several PRs to come in the next few days! Should be a mover!
MM activity on this has been light so far. They have been trading sideways in an attempt to get out of their short positions before the news. They alerted 100 and 911 today so we know they are desperately trying to get out and that they know about the news. This could be a good sign of a quick squeeze coming. Should gap up and force them to make a decision. With the stock so undervalued already it may mean they will try to get out rather than trying to ride it out. The price isn't going back down to these levels again. Too much happening in the next couple days.
This isn't just a single south Florida location this is an Acquisition of a large company! It is rumored to be as large as AMSZ currently is effectively doubling its size. This would push them towards their 40 location goal by the end of the year.
How many shares did you pick up if you don't mind me asking? There are a couple of us in here with over a million so you know we have solid belief in it. This isn't your standard day trading penny. This is a solid investment with good short term potential as well.
You didn't read this earlier? Hahaha... what did you think we were so excited about?
Next week there's going to be a couple of BIG events. We may hear by the end of this week about the acquisition of 3 new locations from a company in Tennessee. This would open up this region for more stores to open in the future. This is part of their nationwide growth effort. And tomorrow they are meeting with their lawyers to finalize the details for their major acquisition of another Florida chain that is said to double their current operations. This one should be a big one. Both should send the company shares up quite a bit. I imagine this PR today is just a small piece of what is happening.
That's a big thing! Those locations are already successful on their own and AMSZ is going to add their own services to those centers and I'm sure anything those centers do that the other spas don't currently do will soon be offered. In other words, each acquisition is going to bring new ideas and new opportunities for growth.
Definitely noticed a lot of cruises coming out of Florida. The nice thing is that these locations are in great destinations for those cruisers to take advantage of the spas in the process. Most of the cruises are shorter than their vacations.