Agritek Holdings Inc. (AGTK)

[cashmoneyusa18]

This stock is getting closer to its low of .0088. I wonder if the pumpers gave up and sold yet.

What is probably going to happen, and happens with most poorly run penny stock companies, is the stock will dwindle down to .0030 when big news hits. From there, people will jump in and quadruple their money as it rockets up and hits .0120. The problem is... all the loyal "longs" are just breaking even and getting back to purchasing level, assuming you didn't get caught with the bag at .02.

It's a sad cycle in penny stock land. I rarely hold these long term, but I figured I could trust management when they said they would release a shareholder letter... guess I was wrong.

The smart thing to do is probably sell and buy back when it hits .0030.

Oh, and Herm, I thought you had a meeting with management and a shareholder letter would be released "any day now." Was that legit or another failure at pumping?