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ErnieBilco

02/09/14 11:38 AM

#1011 RE: MikTrader #1010

What bothers me with AMMX is them claiming $5mm in equipment but they only have $640K on the balance sheet.

It has made a huge gain with very little retrace so I would not be a buyer here, but I also tend to over DD sometimes and lose out on some nice gains.

They did have a profit on Q3 - but until they show back to back profit it could just be some accounting tricks, like holding back compensation or such.

That is my opinion and nothing more.

EB