Rookie: Oh, I forgot to mention. You can't know how much I regret NOW selling those 3,000,000 shares of AMEP. I would LOVE to have unloaded them at about $.14 a share recently. I could find a lot of places to invest $420,000 right about now!
One may very well be looking at a "AMEP" right here with KSWJ. George is fumbling around just about as unprofessionally as CB was stumbling-bumbling around with AMEP a few years back, for what its worth.
One thing I've learn in playing pennies in the last six years is that sometimes a person can get so focused on the "scam ellement" of a company (and I assume 99% of these Pink/OTC's are nothing but share-selling scams) that they CAN'T SEE the potential there is in scooping up a million or so shares of a company below a $.01, and just WAIT. And wait ... and wait ...
It is NOT all that difficult to see a sub-penny stock run above $.10 a share IF it is in the right sector and they aren't constantly dilluting whereby a Reverse/Split looms larger and larger in the road ahead.
I've been a penny trader these last six years and still buy beans and rice when they go on SALE. I held over 2,000,000 shares of MOBL, buying it near a $.01. I was out of it under $.03, and patted myself on the back! Stupid chit, I was!
I held over 2,000,000 of MBAH buying them dirt cheap as well, BUT I listened to everyone elses advice ... "They're a scam!" so take your profit and RUNNNNNNNNNNNNNNNNN! ... which I did.
Only to realize I'm not half bad at picking winners, but I just don't hold them long enough to make the BIGGGGGGGGGGGGGGG return.
Well ... now that I'm nearly broke ... maybe I'll start making some of that BIGGGGGGGGGGGGGGGGG return the next five years!
One more thing ... I STILL have a gut feeling this company may just be legit, and sitting on a few million shares may pan out to be a very blessed experience for those who will just tuck away their shares in the back of a drawer and try to forget about them.
Of course ... with a PinkSheet, there is always the dillution possibility, and surprise R/S that can devour your holdings overnight. That's the greatest risk with Pinks that I see.
