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ErnieBilco

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ErnieBilco

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Re: MikTrader post# 1010

Sunday, 02/09/2014 11:38:40 AM

Sunday, February 09, 2014 11:38:40 AM

Post# of 1139
What bothers me with AMMX is them claiming $5mm in equipment but they only have $640K on the balance sheet.

It has made a huge gain with very little retrace so I would not be a buyer here, but I also tend to over DD sometimes and lose out on some nice gains.

They did have a profit on Q3 - but until they show back to back profit it could just be some accounting tricks, like holding back compensation or such.

That is my opinion and nothing more.

EB



I'm a Gambler not an advisor
Now excuse me, I gotta check on a horse

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