Replies to post #3940 on AmeraMex International Inc. (AMMX)

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I agree. picking bottom is hard, but when you average down the risk is highly minimized. This play has a good A/S, O/S is not maxed out so there is no risk of R/S in short term. Besides, they have revenue. If for example, buy double the shares you already got at 0.0002, and 4 times the shares at 0.001, you can get out on any run, even a small one, with a profit. If it dips even lower than 0.001, i have enough dry powder to keep averaging down at 0.0007 and 0.0003 let's say. The big risk and only is if it goes to no bid, but let's be honest here, do you see this play with the A/S, not maxed out O/S and revenue going to no bid???

[gratitude]

The truth that's being masked here is the following imo: a third party got a bunch of shares and they decided to pay some promoters to pump it up so they can get good money on their shares.
However, if you look at the fins, the company is not bad at all, and lower it goes more appealing it is.

[gratitude]

I also like this part of the PR (bolded):

AmeraMex International, Inc. (PINKSHEETS: AMMX), a provider of heavy equipment, announced that it has received an equipment order totaling over $2 million for large capacity forklifts used in the logging industry to transport and load lumber into trucks for shipment to customers. The equipment will begin shipping in November 2013.
The company recently announced that it had submitted a $2 million equipment bid to a large port facility in the U.S. Management expects to be meeting with the port facility's decision makers late next week.

[gratitude]

I also like this part of another PR:

AmeraMex International, Inc. (PINKSHEETS: AMMX), a provider of heavy equipment for logistics companies (stevedoring), infrastructure construction, commercial farming and mining companies, reports that significant progress has been made to finalize a potential five-year contract valued at $500 million.
According to AmeraMex CEO Lee Hamre, "The Company is expecting to receive equipment specifications for the five-year project by late mid-August. Once received AmeraMex will generate a proposal for presentation to the country's Minister of Transportation and other cabinet members. This proposal is the basis for the five-year contract. We understand both the African and European Bank Guarantees are prepared and will be sent to the lender once the contract is approved by the government.

Ppl might kick themselves for selling this low. And as I said before, even if the comp. screws up on the big contract, there is still money to be made by averaging down here.