Replies to post #613 on American Racing Capital Inc. (AMRA)

[Mikefl]

Personally, I'd wait for subsubpenny before purchasing more. At that time, the big seller will be out and on to the next stock to pillage.

That is only my opinion and please don't let it influence your investment decision.

[gitonwithit]

I'm thinking about picking up a few.

[dogg]

Compelling thought to average down, again, in my case. Lets see if they can organize some good news in the next little while. What i believe the problem is besides the Spiral debt that Mike warned us all about months ago is that the company really has no worries about dilution. They can always pull their trump card to protect their positions ie the prefered shares structure. Of course sooner or later if they keep pulling the types of moves they have been, then financing will become harder. Even the latest rounds must be a little upset with the stock price even though they can manufacture shares to make up the $ difference. Sooner or later if this continues the market for the stock will get really soft and they won't be able to unload at any price. At least that is what one would think would happen. Seems to be enough of us out there to support the market so far. It would be really nice to get a list of shareholders hey......