GREY:AGMHF - Post by User
Post by
Atheenaon Oct 22, 2010 6:32pm
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Post# 17601365
my concern...and why I sold
my concern...and why I soldPersonally I love this company and what they are trying to do.
I think that before too long they will be successful and the SP will be well over $1.00 (less than 12months IMO)
The issue I have and the reason I dumped all of my shares *and I had a lot of them, is because I'm concerned that they need more cash to get to the point where they can have enough tanks in the water to break even. I'm pretty convinced that they will get the money they need and will get the 10 plus tanks in the water to break even BUT during that time we have a completely illiquid stock that moves10 percent on 20K volume??? Really? I don't like that. You can't have a large position and capitalize on any of these swings. You just got to hold....so lots of upside but even more downside as getting out will send the share price tumbling down. I will buy back in when the trading volume allows me to buy big and to exit on any given day. Without that I just can't risk my hard earned capital.
I hope you all make a killing on this stock. I really think it will be a big time winner in 2011.
Atheena