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Grundle

02/12/16 12:54 PM

#122481 RE: Skier1231 #122476

i agree but the problem is the common stock holders are last in line...too many preffereds and notes before us...the common stock is worthless...couple that with no cash on hand or not coming in..couple that with the toxics making their money = disaster....

christjamin

02/12/16 1:10 PM

#122485 RE: Skier1231 #122476

I am long Ambs and am here since 2013. I just added 10k shares. Market value has no meaning so long as shares are being dumped indiscriminately. You just mention 27 millions shares O/S, we were at 7.5. The number more than tripled. With no end insight, you can give a value to this. My strategy is to add 10k shares every 30% pps drop. Trying on catch a falling knife, you must be very diligent..
I still believe there is a bright future for Ambs. Short term though, house of pain..