Replies to post #11055 on AmeraMex International Inc. (AMMX)

[MikTrader]

Welcome AJSails! I believe you got in at the right time. That chart is not overbought - in fact, it's primed for a run. We'll be looking back at the 04's once we break .049. Should breakout nicely at that point.

My gut feeling is that Lee is going to have a very positive update regarding the Niger project early next week. Obviously, this contract finalized and we go parabolic! :-)

Cheers! (The AMMX party will most likely be held in Vegas!)

[micham2012]

AJ:

I bought a bunch at $.015 per share, but I also bought a bunch at $.04 per share when the signed Niger MOA was announced. As pink sheet companies go, this one is extraordinary. But there is always risk, and even a $.04 share price assumes that there will continue to be monthly announcements of new/renewed contracts similar to what we have seen so far this year.

Of course, if any of the really big deals hits, we will leave $.04 in the dust. Limited downside, IMO, and huge upside.

Good luck.

mich