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Re: greasemonkeyshoes post# 90

Monday, 07/16/2012 3:40:24 PM

Monday, July 16, 2012 3:40:24 PM

Post# of 127
AMEH $0.63.. WOW..... I waited almost 3 years with a position as high as 450K and it appears I read too much into thier last Q and K filings.. They have massive Conv. Debt to covert at $0.125 and they haven't made a dime on thier services whi;e increasing Revs. almost 8 times.. Management changes have occured each year and funding has come from usury types and are/is loaded with dilution.. I'm out and my guess is the new group of Debt providers are trying to force conversion of the older group..

I sold with an AVE. of $0. 153 and had a cost basis of less than $0. 09.. and watched it go from there to $0.2788 and back to $0.05 when it was a better company.. The thing that pisses me off is that I could of had a great rush today with AMEH trading on a mark up to above $0.60 plus.. I tried to borrow stock to short but it appears I was the only one at E-Trade that had a position.. Moving on will be easy as I'm sure that the $0.63 print will not remain long.. hank
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