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[stanu78]

Holding 30K AOBO at $1.3 and 5K AWRCF at below $2

Rawnoc and Worthy.. I'm with you on this one... I'm all in on this two stock too... AOBO as growth play (value at the same time) and AWRCF as balance sheet play.
I have been holding 30K shares AOBO for a year or so by now (and more than 2 years for AWRCF)... missed my chance to sell twice when it spike to $1.6 (then back to $1.2) and then up again $1.8 (after 2 consecutive good earnings), then dip to $1.3 and $1.1 on the one of the ugliest private placement that I have ever seen...
I didn't add any at $1.1 as I have no money left (been buying other stock), but lots of my cousins and friends (one of them have verified that AOBO nutraceutical product exists and somewhat works). I was worried on management honesty but I think the potential reward justifies the risks.. plus this is only a small portion of my portfolio...

AWRCF is a similar story in the way I didn't book profit when I can... I was about to add 5000 more shares when it dip to $3 from $4.65 but I didn't.. I probably woul dhave sold if I had known that worthy bought a lot of shares.. I erally believe that worthy actually drive the price to above $4.. way to go worthy .. you moved the market :) which is good for all of us...
Then the bad news came out... one time charge in bad debts... and potential shareholder dilution (secondary placement), but management is sane enough to wait till nasdaq or amex listing before the private placement... the only good thing that I can see is that how disgusted management with the current stock price (too low they said) and of course the $300M sales they predicted for the year was nice too... oh not to forget to mention that all the corrupt management has been fired... how about that for a peace of mind..

I don't know if I want to add any of this 2 stock now... I really like the balance sheet play on AWRCF but I felt that I don't understand their business (I think I understand) but the fact that they said they need to raise capital really puzzle me.. I look at the balance sheet and I look that those type of balance sheet doesn't need to raise capital.. if they need to raise capital .. IMO they are doing something wrong... maybe they are trying to grow too fast and they need to take a step back and try to think carefully first...

My brain told me to buy AWRCF now and stop buying other stock for a while.. (at least buy 5000 more shares) but my heart told me to wait... I can't imagine this go below $2... (which in that case the company won't issue PP and the option to acquire 50% of the company at $2.65 or so from the japanese company seems to be expensive too)

Any other thoughts on AWRCF and AOBO

Stan