Kuoi...those are very untrue statements! The ability to profit and/or minimize losses is to be able to forsee some type of significant event. In the case of AMSZ...the 10 million share buyback never happened, and with no business, no news, something bad was getting ready to happen. Sometimes it is advantageous to sell out for a minimal loss at higher PPS and buy back lower for another ride up. Best practice in pennyland is to find a reporting company with value at a good price....it usually alleviates significant downward pressure. I have, and i know many who have made substancial amounts of money playing the pennies....Good DD and a Gut check!!!
One thing is certain here....a R/S will leave you with far fewer shares...and the issuance of stock will bring the PPS low enough that usually it's not even worth selling. GLTA...the sharks that make these deals know what they are doing to the best interest of themselves...be vigilant, when the smoke clears and you have a better view, take advantage!!!
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