Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Lol yes, this is awesome. Holding through ER is an uncontrollable fire, I like it
Had to purge my whole Ihub account haha I had to suppress the revulsion from all the scams I was following. Remember FLST? apparently there was an RS *shocker*
Ello Ello Ello
Hola townie
AMMX still pending with Niger. Nail down the contract already and let her loose
I agree it does, my theory was hypothetical. But if your theory is correct then it would follow that AMMX does know who they removed legends for and straight up lied on their CC.
So you choose what to believe. I guess I just don't want to think AMMX would lie. They probably are though lol - who fukin knows
You're right Mik they won't. Bc iHub is full of people who only want to be spoon fed OTC certified BS. FLPC was like that for the both of us. Just see my below post. Lmao it really is just a freakin circus isn't it?
Good luck man. You're a good guy - best wishes in your future investments, and I do mean that.
After reading the link, my personal interpretation of removing the "restricted" legend would be that a transfer agent would inquire to the company about removing the restricted legend from shares but the transfer agent wouldn't need to disclose exactly who is requesting the removal. It never specifies that the transfer agent must tell the company who is requesting the removal of the "restricted" legend. So that may explain why the company doesn't know who is selling shares.
Now to your point of SS being a factor in the share price, I absolutely agree. People who buy restricted shares have one thing in mind when they buy them, when can I sell them? They don't particularly care at what price bc more than likely they received their restricted shares at a steep discount because of how many shares they purchased. So of course all they want is to wait for however long they need to wait for until they can call into the TA have the company approve the removal and then bam they sell.
Beyond that... Who knows. There's lots of holes in my theory but it's a starting point. I've actually moved far far away from investing in pennies and moved to playing option contracts. AMMX is still one of those rare companies that actually makes money and has lot of potential but can they get the right combo of people to get them to that next level? Who knows. I'm willing to hold but would I bet the farm? Hell no! It's a penny stock.
Use your brains guys. Don't be reckless, make smart investment decisions. I for one have had it with these BS OTC companies. AMMX is the ONLY exception I've come across. Them and maybe CAPC.
Anyways take it easy. I'll be around.
iHub is ridiculous in general. It accomplishes little else other than fear mongering and drum beating. Hence why I barely appear here anymore. It's just effin stupid. Lots of people lose a lot of hard earned money by listening to the dumb asses on iHub that they follow, but I digress.
I feel AMMX is certainly a company that breaks the mold. I've not invested more than I can afford to lose. I've followed my investment rules. So anyone with info please post away. It'd be nice to hear other things than "going to trip zeroes" or "going to dollar land, weeee" ... come on. Let's be adults and discuss an investment for Christ's sake. Lord Almighty.
Yeah I'd like to know too. Who cares if you get insulted?
I know; when I was looking for it earlier it hadn't been updated on the site
Awesome. Was looking for it earlier. Guess it hadn't been released yet. I started listening and when they started talking about 2012 I was like wait...
How was the CC?
Supply and demand is king. Excited to see what information is disclosed on Friday
Great news today!
Might I add 2 of your tickers from months ago have exploded recently. FONU and HKUP
Damn townie you went crazy haha
No but more often then not they're the ones financing it. Lmao
Hey all is well! The trip was amazing! Helicopter rides, off roading, sun tanning all the good stuff. I hope things are going well for you!
If they're selling em I'm buying em
I'm buying up all the .02s I can get
Love the news today sounds like the company is gearing up for some big things
Looking for CAPC to gain some traction this quarter
Don't tell him that... He's got over 10 years investing experience. He told me himself. Lol after much reasoning with him he's not provided one shred of evidence as to why I shouldn't invest here. All he's said, and I quote:
"I am not a fundamentals trader; I am a TA trader, I do not and would not hold any ELTP at this time; contrary to most beliefs I do not and cannot short ELTP which cannot be done by a retail investor without about three dollars a share for each share he wants to short; that is just more OTC bullshit.
P.S. never hold an OTC stock for years unless you are a bagholder. When you are up good on a trade take the money off the table and walk away."
That was in response to my question of why I shouldn't invest.... Okay? Literally the only thing he says even mentioning Elite is his own personal preference not to own it. Lmfao - right. That's what 10 years of experience generates in the form of advice?
I agree wholeheartedly this is a great stock to own right now. Loads of potential. Risk is present, yes, as it is in any stock. However the reward potential is astronomical. You'd be silly not to risk some money to get in at these levels.
Plans to buy ELTP. I work there. And yes I'm risking jail time by telling you all....
Not necessarily. This is not an easy country to do business in. It's amazing they've gotten as far as they have honestly. Which tells me at this point they're bound and determined to get this wrapped up. The government wouldn't have come this far into the process if they weren't serious about it. Talk about a colossal waste of time and energy, not to talk about the massive loss of reputation they'd suffer, if this deal falls apart.
Lol they could at least spell the name right. Anyways any exposure is good exposure I guess. Here's to what is coming down the pipeline gentlemen. That little report was a good reminder of the other things that AMMX is working on in Niger. That and along with our core business makes me a pretty comfortable investor here
Mik - I am going to start off by saying that I have a lot of respect for you so this isn't supposed to sound as if I'm attacking you or anything. You said 2008 ... Anything happen in 2008 that would've caused major funding to be pulled from a project in Africa which is inherently risky? The global economic recession that so many of us have quickly forgotten happened. Of course the funding was pulled. Now though things are looking relatively better and so too with Africa. I know that we've talked before so I'll leave it at this: there are legitimate reasons for both sides here. We happen to be on opposites. End of story you know? I just am sad to see so many do a 180. Second board I've been on that's done this. Pretty saddening. I wish you the best of luck my friend.
I mean the man bought over $200,000 in stock.... "Follow the whales" comes to mind. ELTP has some big ones. I've also invested money with an IRA. Big things coming it sounds like to me. I think Nasrat wants to be bought out. That was a recurring theme in the conference call - I'd be alright with that for sure
This board is getting a little messy... Precisely the reason why I hardly post on iHub anymore however I must admit it's saddening to see the board degrade to this point. It was pretty far above it all at once upon a time
Can FLPC continue from last week?
Just recently on board here, and feeling good Doc
Morning Townie. Been away awhile but nice to stop back in here
Yes the recent sticky post was what really started me rolling the ball to get the funds I needed settled. Finally when they did I took a big chunk and invested here. Should be an exciting couple of years for this small company... I'll be part of the family now experiencing that greatness. Feels good!
I got in right where the support was, must say I'm quite proud of myself with a .2886 average. A small amount for now until I can manage to get more in here. I'll take this starter package though
Some would argue that market makers don't have any agenda except to provide a market for people wanting to buy shares. Put simply a market makers duty is to provide shares to people who want them and buy shares from people who sell them (more likely a retail market maker in this case - although not always)
Now seeing as how I'm a cynic I don't believe for one second that market makers behave one hundred percent honorably and simply provide the means for buying and selling of shares. Instead I think there's more than enough incentive for them to do just as they're doing or by using "tactics", etc to keep a price down. Bottom line is who knows what is really happening. Conjectures and theories abound bc there's simply no way of knowing what's true and what's not. However in my case I think that certain scenarios/theories are more likely to be true than others. Like MMs working together to keep a price down so that one who has been shorting doesn't need to buy at high prices and therefore lose lots of money in the process. Who really knows though.
Why not just shoot for the moon? How about .0001? That would be far more sensational Jeffster. Perhaps even worth a "KUDOS!" (I know how much those get you excited). So why not just bypass all the bs and exclaim that trip 0s are approaching and fast!!! Kudos Jeff! KUDOS are on the line for Christ's sake!
Stopping in from the honeymoon in Hawaii and saw this awesome update.
Can we draw attention to the fact that there is ANOTHER proposal for $15million that was just approved by parliament?!
Give em some time. First things first we need an audit. Then we'll move to pink current, and maybe bypass that entirely and go straight to QB