InvestorsHub Logo
Followers 369
Posts 5333
Boards Moderated 1
Alias Born 05/09/2013

Re: Rogerthat1 post# 777

Thursday, 04/27/2017 3:26:57 PM

Thursday, April 27, 2017 3:26:57 PM

Post# of 1347
I warned about trend continuing lower back in December 2016 & I also pointed out that they would be needing to raise cash (likely thru dilutive stock offering) around early 2017.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=127104103

Finally what I said is being realized by some here, but only after such problems listed above have been revealed with correlating lower price.
I got out with my short term loss last year before it became bigger & worse when I faced facts about pps support in December not holding; pointing out back in December low .40 (pre-split) area should be set for stop-loss if anyone dared to hold it yet.

Too bad so many others here were too stubborn to realize it with me, along with the risk sitting in front of it such as low cash going into the Spring of 2017.

Now watch this reverse split (1:10 back in April) garbage stock probably sell off more toward 1's or less by Summer's end after the latest shares are dumped for cash needs.

-------------------------------------------------------------------------------------
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=127048496
"You're lucky if it ever even sees 1-2 (pre-split). It will continue to dilute shares for years to come (and again in 2017) while it has only early stage programs in development that are many years away from any possibility of being approved & marketed, which along the way will take tons of money to fund, which will come at expense of the common shareholders with more dilution, even if they eventually get a big money partner involved)."




***Go to my 'Profile' for more information on following me***

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ARMP News