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No worries. They'll hopefully save it for another day. We'll get back on some radars today!
I'm looking at about the same. I've come to the conclusion that I can invest my money wisely here or take a flier on a stock that is going to one day make money, maybe. Why would I pass this up when everything points to huge gains? With such huge news hanging over AMMX and knowing there are three other MOAs on the burner plus the two already called out, this year could be ridiculous! I've been pushing this stock tonight in every channel that I can. AMMX
AMMX will make a run tomorrow! Big revenues being posted for Q1 with $280 million contract update as well. Don't miss this one!
Fellow AMMX investors - who else is having trouble sleeping knowing that tomorrow morning could be a game changer for this little gem?! I think at this point, any update we get about their MOAs and future contracts will play a substantial part in rising the pps. We need to get every social media outlet buzzing with the quarter results and business updates. I'm throwing down a large chunk of change in the morning in hopes of snagging a few more shares before this runs away. Something tells me the buying pressure tomorrow will be high and we might have to go chasing this thing! It's AMMX's time!
If you want a reasonable pps, you have about 30 mins tomorrow before the earnings come out. I would take much more than a starter position though. Tons of upside here and little to no downside in the foreseeable future. This thing is ready to pop! Most of AMMX's release come out at exactly 7am PDT or 10am EDT. Good luck to you! AMMX!!!!
Ha ha agree! Didn't take me long to figure out this is truly an awesome stock. Others will do the same too.
I love how tight the bid is to the ask right now. I haven't seen it that tight in a while. Starting to show strength again! Go AMMX
News tomorrow. Spread the word! The quarterly report is upon us. Hopefully there will be some good business updates in there as to where we stand on some of the other MOAs. AMMX!
Hi hydr0gen1! You came in at the right time. We've already seen a pretty good upward trend, but the news were sitting on could take this more parabolic. If you're looking long-term, you have found one of the best penny's to sit on. This company has so much going for it and a great CEO as well. The next year will be exciting! It all kicks off this week with the quarterly report. GLTY
Marty replied this evening and stated that the share structure and payment to management should be outlined in the quarterly report. So I guess we will wait a day or two to digest that part.
I'm just amazed that she answers me this late into the evening. That's dedication to your job and being transparent.
I have contacted Marty for comment on this matter. Have a good night!
Ah thanks for straightening that out. I didn't digest that we opened at .032, I just looked at the chart lines...Oops. Makes sense now. Well, a sideways trade is good while waiting for big news. Can anyone make sense of the severly down volume? I think this is the lowest day I have seen since I entered the stock.
I'm no chart expert, but shouldn't today's candle be a hammer? I think this chart may be off there? Either way, I like where we sit and I think we're becoming spring coiled for a launch soon.
Hi Aces,
A valid question...
See post #10364 from MikTrader that discusses current share structure.
I would be curious to know this as well. However, my personal opinion is that those paid in stocks have enough finances elsewhere to pay for the normal life things. The stock is incentive and essentially a bonus of sorts. That's not to say someone won't exercise their right to sell, but I don't think dilution here is an issue short-term. In fact, I think a buy-back sounds very real when they land these big contracts. But that is definitely a question worth asking. I'll ping Marty and see what info she will give, unless you want to?
Here's the daily chart. It looks like we are waiting on a catalyst here. Low volume and not much price action the last few days. I'm a little worried our good news will fall on deaf ears in the short term and this may not move as quickly as we want. We really need to spread the word and get some buyers in here. However, looking at the last L2s, there wasn't much in the way of the $5 Ask either :)
It seems most here are content with up to a $1/share and then take the money and run. I'm holding for the big run. I have time and my hope is about 5 years from now, we will be in the multi-dollar range. I think that seems reasonable from this company with all the work they are doing. Plus there is always acquisitions/mergers that could happen. Along with Hamre Trucks one day. Wouldn't that be an awesome name for a new manufacturer of big vehicles?
It will be interesting how the next few months play out. I think by the end of the summer, if the audit gets completed and we can get uplisted there will be a real trend upward as we get many new eyes on this gem. I also think it's worth noting that this is NOT a speculative stock. They are real and produce great revenue compared with most pennies. Most others are held up by the 'what-ifs'. This one is held up with real product and the only 'what-if' is how big the next contract will be.
AMMX!
Lets team up and create a hedge fund! Then we can billionaires instead of just an average millionaire LOL ;)
I'm currently waiting on a chunk of change to clear the holding period before I drop some more into this beast. I'm hoping to God this doesn't run until I can load up some more! I just hope the news hits Friday and not more quickly.
Congrats Mik! I'm thinking of making the same transition. Good luck!
Just make sure you buy your oil rig and boat through AMMX! I'm sure by then they will have expanded into those markets as well ;) AMMX
TraderpennyX,
One of the May 8th articles is not related to AMMX. The Egypt Amer Group article has no association with AmeraMex Intl. other than that, great notes! Thanks!
It sounds like the audit will start in the summer time. That's what was discussed on the annual CC. They said this is the slowest time of the year for accounting so they will start this then. My assumption is the money won't be an issue by July :)
No worries. I chalk it up to excitement and fear. I think that's the game of investing, and we all go through it in our own heads. You just vocalize it for us ;)
Now I'm no expert on any of this, but my co-worker is West African (Gambian) and we were talking about some of the countries in Africa. Obviously, I wanted to find out about Niger since my money is currently riding on a large project there. After our discussion, it's clear to see that trucks are a vital tool for all African nations. The value of these trucks to them is huge and you don't need a railroad track to take you somewhere...they can go anywhere, which is why they are more valuable than trains in most situations. Also, another project for AMMX was to work with a farm in the US to create a massive farm in Niger for crops (currently on hold). They wouldn't be able to do anything with these crops without trucks to move them after harvest. The trucks will move people, tools, rations, cattle, etc... I'm not worried about this deal since everyone gets what they want. I'm sure the bank financing this understands the risk and is secure in doing so. The trucks may actually create the funds to repay the bank for the trucks. That's what I call a capital investment. Nothing is for sure in this world, but the money isn't all needed up front either. I think this deal is safe in that regard.
Sell half, buy the mansion. Sit on the other half until $1, then buy the yacht. Simple ;)
Let me correct you Mik, it will be many great 'years'. As these contracts will payout over many years time. I just want people to recognize this isn't a one time thing or this will be their only good year. Just the start of many years of massive revenue. More capital to buy refurbished items as well and work on increasing their margins. Many good days lie ahead for us. AMMX!
And the really beautiful thing is many other opportunities may come their way once they can show success on this first project. With global growth and Africa building infrastructure rapidly, this will be a hot bed for future projects. I would love to see them get into S. America and Asia as well, but I'm not complaining one bit. AMMX!
PPS climbing :)
Sounds like a done deal as long as the Chinese make good vehicles. Oh yeah! Very excited about this one! AMMX!
Is it safe to assume to $80mil MOA is for the solar project? I can't wait for the next update...
Wow!!! Very unexpected and great news AMMX! Another $80 million in the works. And did you notice it said THREE other projects in N. Africa. So much in the works here. Lock and load! AMMX
FYI...Yahoo Finance has posted an article about Egypt's Amer Group having a horrible quarter on AMMX news. Not sure if some are relating the two...but this is a total mistake by Yahoo. NOT the same company. Ugh.
Man I feel robbed for buying at .029 today Ha ha ha! I don't understand how anyone can be thinking sell with the monster quarterlies coming out soon. Maybe if this company had a track record of inconsistencies, but lately they are rock solid and growing rapidly. Fools. AMMX!
I agree with this statement, but I think there is a reason. All of us here following this realize the potential and are trying to score 'cheap' shares before the run up. Why not load cheap if someone is willing to sell at that level. I think the thought is new money will drive this up once we get more great news. Thoughts?
The trip is May 10th - 16th.
I think a cautiously optimistic point of view is best. I'm not sure the contracts will be done this trip either since it sounds like there are pricing negotiations to be done, and then there is the three language issue for the paperwork. But if all goes well, I think the contract will follow quickly. AMMX
Go to AMMX website and sign up do there email list. That's what works for myself.