AmeraMex International Inc. (AMMX)

[JDoggs_Money]

I think something to call out is the lower than normal float for AMMX compared to pennyland. This stock will move quickly on high volumes due to the low float and many longs locking up shares. I don't think we are going lower as once it sags, those of us that are smart will gobble up the shares at the discount rate. There would have to be a big sell-off to drive this too low. Instead I think we found our new base and are just waiting on the next catalyst up.

I do agree that this is a boring stock to most. Once we can establish a high enough pps, this stock starts to appeal to a different set of traders. Right now we are stuck in the middle of pennyland day traders and serious long-term corporate investors. I think the Niger deal will take us out of this grey area, but we still need eyes on this thing. Otherwise, the news falls flat and so does the stock. But all of these things seem to go in cycles. Those who are patient and know the daily dips/spikes aren't worth your time, will be handsomely rewarded in the future. Even the boring stocks rise over time as long as the company is solid like AMMX.