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I'm with you. When you swing for a home run you're going to get some strikes (and I have in the past) but if you keep swinging eventually you connect. I am going to wait this one out too. Those that get nervous and get out too early will always be reading about those that won.
Agreed. I have a lot at risk too but the payoff would be worth it. Both times in the past when my gut told me to jump on something and I didn't it took off and I missed out big. I am going with my gut on this one. I can be patient too. I don't need to make money on this next week or even next month. I would like to just step away for a while and one day down the road check out the stock price and see it sitting at .50 or even $5. That would be nice. Then I retire. :)
Or just maybe it's a legit company with a plan that understand the value of happy shareholders.
The next bit of solid, good news will put out many people's fears. They'll see it's for real but it will be too late at that point to get shares on the cheap. They'll be chasing.
The 1.4 Million shares at .007 was a purchase via Fidelity Investments that went through Knight Equity.
It was a retail buy.
Anyone feel the stock will go up over the summer or continue down for a while?
Thanks for the sign of confidence. I am holding a large amount too. A little of 2 million. I'm not betting on Auric Mining to make gas money. I am holding out for big dollars even if it takes a while. The company is legit so I am not concerned about this being a scam. I missed out on some big plays in the past I am kicking myself over. Not this time. I am way long AUMY.
A lot of people selling probably got in at .004 and are doubling there money. For others that's not enough given the potential. This company has way more upside than downside. Worth holding out for a big pay day. I'm in until it get's to at least .25 even if it takes all summer. If it looks like it'll run up to .50 or higher with new news I'll hang around longer.
I am definitely willing to wait that long. I anticipate a 2 steps forward 1 step back along the way but as long as week to week things are moving forward and news is positive for the company I am staying in.
Thanks for the response.
Just curious. What do the Penny Geeks consider long term? A month, year? I am new to the penny market and trying to learn the habits and lingo. Thanks.
I'm almost tempted to not check on the stock for a month and see where it sits then.
All the chatter/buzz makes it hard though. I am Long on AUMY.
Sorry, that's “Get out now and make some chicken scratch or HOLD for huge payday later.
Agree to hold long-term. If this company is moving forward then the stock will follow.
Be patient. Get out and make some chicken scratch now for huge payday later.
I was in on AMEL when it shot to $1.85 in two months. This could be bigger. AMEL had hype and land but no real money to work it. Auric has the property and the money to be legit. Just waaaaiiiit for it.
Where do you see it going? I'm new to pennies so when you say it's HOT are you hoping for .025 or .25?
Yep. I rode AMEL up to $1.85 when it was on a run. The it dropped. AUMY seems to be a better run organization with more potential.
I recently dabbled in AMEL (Amerilithium) and in my research found AUMY. I have a slice of my portfolio I have set aside for big risk stocks in which I am willing to gamble. Sort of my play money. If it hits maybe I'll put a pool in at my house. Or pay it off. :)
Until enough weigh in. :) Just trying to get a sampling from all those investing in. I am new to the penny market. I usually trade on bigger stocks. After reading up on AUMY it was too tempting not to take a swing.
A penny for everyone's thoughts. Where do you think aumy stock price will realistically be in a month or two? And by year's end? Honest opinions only!
Awesome. Let's break .01 this week and continue up to .25 as new news comes out. Once AUMY gets noticed by the bigs it'll shoot fast.
Just bought another million shares. Let's roll. Everything seems to be confirming this is the right place and the right time to get in.
Yeah I saw that one. Bought a lot of shares because of it.
What's the PPS potential are you talking about? What time frame? Is this based on your personal DD? Thanks.
What's the PPS potential are you talking about? What time frame? Is this based on your personal DD? Thanks.
That would be nice. How long before results could come? Are they actually mining yet? Are we 3 months out or a year?
I would be happy if it got to a $1 a share over the year.
I won't be satisfied with anything less that .10¢
I saw that AUMY was at $20 a share a couple of years ago. What caused that? How long was the price in the $$? Does anyone think that's possible again?
I'm prepared to hold on to all my 1M shares for a year and then evaluate. If there is no risk of the company folding (which seems not the case here) I can be very patient and hopefully cash in down the road.
Thanks for the opinion. I bought over $1,00,000 shares ranging from .004 to .085 over the last week and will hold here. Hoping for a big pay out in time but don't want to get burned either. Auric looks legit. More so than other penny stock companies. Hoping this is the one everyone kicks themselves over in a few months.
I am curious what you mean by flying? 10¢? $1?, etc...
Do you think it has the potential to get to several bucks this year or are you hoping for 3 or 4 cents?
What's realistic with this company?
Anyone have a reason for the rise in share price the last two days? I've heard no news or pumping even though a big 3 month PR campaign was supposed start in January but I saw no evidence of it. I increased my stake in Amel to 200,000 shares and am hoping for a big run up soon.
About 2 years ago. They did another PR campaign like they're about to start doing. Unfortunately at that time I got in at $1.60 which is at the high end. I got out at about $1.20 but had I got in at the beginning it would have been great. That's why when I saw them getting ready to do this again and the stock was at .10 I bought 150,000 shares expecting it to go up above $1.00 if they promote it right. I am hopeful we will see a rise soon. Haven't seen the PR campaign yet as promised. Sometimes those things can get delayed a few weeks.
I haven't seen any PR campaign out yet? If and when it hits, assuming it's done right, the stock should shoot up quite a bit. Last time they did it it when to $180+. Bring on the PR campaign already.
From my research and watching the trends of this stock for the past two years I can see the stock reaching the $1 mark easily and could go as high as $2. If Amerilithium begins to show more positive results from their testing leading to harvesting of lithium they sky is the limit on this stock. It's a risky stock but with extremely high payoff potential.