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AMNE Holdings, LLC
How dare you post negatively on this company! This company is going through the roof and on the way it'll revolutionize the insulation industry. You just wait and see!! Don't you know that everything from distribution routes, LOI's, manufacturing and R & D are all "IN PLACE" and ready to go?? Green is good, everybody's talking about it - haven't you heard about global warming? Global warming? Wait a minute, won't that lessen demand for insulation - oh dear - let me do some more DD, I'll call Terry or Gary or Gray, They'll tell me the truth, I know they will. Yeah, that's the ticket, I'll call the company!
It's behaving like a typical pink - high volume sell-off, dilution and price drop. The low price, the high volume and a few refreshingly positive PRs will attract more "newbies", some buying in the multi-millions, and move it up some, then it begins again with each bounce back up being less than the previous one. Eventually people will lose interest - including the company players when they have satiated their greed - and AMNE will sink into the pink abyss. The co players will move on to another scam on the pinks (they have experience now) and we will move on to another "opportunity". Seen this before. IMO. Buy it when it's down, sell it when it's up.
And what did you conclude? And why?
No numbers? Wonder why? As they used say in the used car business, "they are not selling the steak, they're selling the sizzle". Don't get me wrong, I'm into this big - I've averaged down a couple of times - nobody wants it to move up more than I, however I consider it a trader, not a holder. IMO this is not a serious concern.
How much product have they shipped? Show me.
Questionable share counts, questionable, mistake ridden PRs (is it Gary Gray or Grey, or gray Gary?) and no real business going on, only talk of development. It looks like a scam, it talks like a scam.....
Now you can buy at .0015 - but wait! it's going lower!! High volume, much of it on multi-mil trades, most of it going out the door. All this from a BS PR.
dilution - pure and simple
Your assessment is on target, the e-mails and even the PRs are just puff - "green" is a happy flavor of the month that these guys are riding out. The company players are the only ones making "steady" but there is money to be had if you can time their diddles right. IMO
That is exactly correct. There is no way that the SEC or any regulatory agency gives as much attention to these pinks as they do to the AIG's etc. That's why Lumb and these other scammers are here, shareholders are not only less important but totally irrelevant but for what they contribute. IMO
I agree with the wolverine, when the volume becomes 2 or 3 million plus daily and regularly it will move. Without news there is little or no volume, it will tap dance around .002 - .003 until then. Interest is waning, no news is bad news - hope that it gets to your level and get out of it. there are others. IMO
Because the pinkies are not regulated like the 5 Bil corps - that's why their pinkies. Geez!
This company had been doing an average of 2 to 3 PRs a week since Oct, then at a time when you would think there would be plenty to talk about - the closing of the Paradigm acquistion - they have been silent. Why?
The pink abyss. It will recover when the MM's decide.
Absolutely! This guy has a "gold mining company" selling a gadzillion shares at 1/100 of a cent, with no website and questionable updates and has zero problem attracting newbies. This is the essence of Pinkyland.
Your reasoning seems sound - you will buy if it drops and sell if it pops - buy low, sell high. Me too. Anyway, I agree that it will probably go bit lower, at 0015 I will jump in for more. GLTA
We will all be all over it!
What you state is exactly what happens alot here - like you say, it's pinkyland.
It has been lower that this a couple of times since last Fall and bounced back, and it will likely bounce back again but not with as much vigor - the bounce back is proportional to the number of bounces. Might be a good idea to buy some when it goes below .002, tighten up a little to catch the next bounce before it dies, which it will do. IMO
Is there anything that this company puts out that hasn't been put out before? Their strategy is to put out good news, pump it up then forget about it. After about 8 to 10 months, put out the same thing, there will be a whole new bunch of sheep to fleece by that time. Who cares that there may still be a few fools, me included, that are still hanging around waiting for things to turn rosy, the company already has their money - legally. I have 500K of this for which I'm out $60 or $70, like throwing pennies in a wishing well, I really don't care what happens, to me this has been a clinic on how to run a successful scam.
Go to CDE and click the "trades", it's listed several times there - at least it was yesterday. If CDE gets below .60 I'll be buying.
What is a "burst ba" type trade, as listed several times on the CDE chart?
Perhaps the recently announced contract extentions are just to tidy up the garbage company to get it prepped for sale. I'm glad I dumped some of this earlier, I don't have the confidence I once had. GLTA
I agree, I don't know that split was about and the BK certainly could have been forseen - What's the value of a BK garbage hauler in Alberta?
Agreed, chance favors the trained mind. However at this level whether they have been spinning off for years or are new concerns just coming out of the ground, past performances count for very little - like backing a cheap claimer. I am also comfortable here, but not for long, too much shuffling and lack of follow-up from the top. IMO. I will have to watch longer.
That was then - this is now. Like you said, 1000's of companies at 12 year lows, go there, buy, go long, bargains galore. The one thing we all know for certain is that it is cyclical, what goes down goes back up and vice versa. Here it's a crap shoot, true gambling nothing less. This is the toy dept. of trading - get some and move on. IMO
You should know, and I'm sure you do, that these pinks are not legit 99% of the time, it's not about "green" anything - they know as much about environmentally correct foam insulation as they do about running a hotel on Boardwalk. It's about business - bring in as much as you can and give back as little as you can. This will go up and people will sell, me included, then it will go back down and the process will begin again (check its history). Some will gain, some will lose - buy low, sell high never meant more than down here in pennyland. You want legitimacy and accountablity, go to the big board that's bargain country now days. All the best.
Suspect now is a good buy time, EOD Friday. May go lower but not much - next week will be the tell for this. I look for north move. IMO
Your assessment of the "pinks" is spot on, you never hold them - you sell them on the uptick. You can be almost certain it will reach a point and drop back fast at which point you can buy more - if you like. I've seen this pattern several times with pinks, they go up, down and usually splatter after a few such moves - you take a profit when you can. This one may have bottomed, the buys are returning perhaps next week it will be cha-ching time. IMO
Where do you find the "pre-trade figures? If pre and after trades are allowed here it adds an interesting twist. As someone mentioned earlier it seems that .003, or thereabouts, is the bottom - the off hours interest and activity would seem to sustain that. IMO
In for 100K at .0033 ten minutes ago - looks like a dump of the Paradigm divs with another pump to follow. Get ready.
Share, you will have no part in trapping any newbies in this scam, they will enter on their own. There will always be those who see only the price of gold going up and buy on that premise alone, others will look further and see the name S. Lumb and recognize it for what it is: a POS.
Setting up a operations in a location 200 miles away should not be in any way prohibitive to any company, even one of this size. As I read it they operate several dozen trucks and hundreds of dumpster type units, only a small fraction of which would be needed to handle this relatively small Robit contract. It's a step off of square one, IMO there will be more. That said it's making wide swings, time to put a line in the water.
If you bought at 11 AM, you have grown - this one is going to make me well again.
If you knew Lumb and his business (business used very loosely here) tactics and knew he was heading a concern with 2 trillion shares worth 1/100 of a cent - would you jump on??
Anybody?
Buy now -.80 - or wait? It will be going back up.
As many as 12 posts a day on Lumb scams since at least last summer!! Come on Paunch, you gotta find something to do. Now let me get this straight - 4M shares at .0001 you got yourself a huge $400.00 bankroll. you can sell several hundred shares a month and maybe (I'll have to check) buy yourself a cup of coffee.
There will always be those who don't look before leaping - the unknowings.
Volume over 60K at 10:15AM, some sell off but numbers heading north as planned. I'm staying with this awhile, it looks good. IMO