Savvy Trades and Investments

[worthylion]

AMS--My worst performer and, based on conference call transcripts, don't find management's hopeful references to additional centers to be credible. They've said for at least two calls now they have great prospects for new centers. Last call they said great prospects but they need company sourced financing. When asked about company sourced financing they said they had some great prospects. Reminds me of: "If we had some ham we could have ham and eggs if we had some eggs." On top of that when/if they do get a new order, it will take 2+ years to begin to generate meaningful revenue. Of course they should eventually get a new order, but nothing on the call sounded like one was close. Their existing centers could increase revenues in 2018 which could cause the stock to bounce back into the 3's, but at this point IMO it's a flailing/stalled growth story. IMO that's pressuring the stock price more than tax loss selling.