AmeraMex International Inc. (AMMX)

[BornAtNight]

now at 0.015 after 15000 share trade. I don't see much churning going on, perhaps the batter is resting. It's difficult to predict what is going to happen here short term. There is the distinct possibility of a critical announcement of a big deal that can relight the rocket, shareholders can dig in their heels at some price point and we will continue with very low volumes or investor's can pony up and start buying at the ask or close to it. Then there is the possibility that the MM's will continue to walk the price down with each successive open. I don't know. I am trying to hedge my bets. I have some cash set aside for either case. I was watching a tech stock yesterday, a chip mfg., was kicking myself that I did not stay in it when I got in at $4 a share, it was selling at $25 yesterday but it was on the decline, this morning there was a fair evaluation target of $20 for it, so I am glad that I did not jump back in yesterday as it is most likely going to go down a bit more for various reasons like shorts are covered etc.