OTCPK:AUMTF - Post by User
Comment by
valuedude1on Jun 01, 2013 3:15pm
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Post# 21471390
RE: RE: RE: Down more than 20%
RE: RE: RE: Down more than 20% Fabrice as far as I know has not said to sell yet. He will probably buy more once he sees Q2 and hears the frac sand announcement. There is a lot of negativity in the stock right now which could be an opportunity. If the frac sand is approved and they start producing this thing will soar. Frac sand is very valuable. Check out HCLP on the nasdaq. They are a frac sand company operating out in the US. Fabrice also recommended this stock about a year ago and it got killed because the company lost a contract from one of their only 5 customers shortly after fabrice's recommendation. People started suing the company because they felt that the management team new about this contract loss prior to the IPO but didnt announce it. Anyway, the stock dropped from $24 to $13 but it slowly got back up to $23 where it is today because the market knows how valuable the frac sand is to the oil and gas and construction industry.
If the frac sand gets approved and they start production you can have a real winner with ABM. I dont know if it will happend but if it does, I hope I am a shareholder. I currently dont have any shares in this but I'm watching paticiently.
Also, a lot of you speak negativily about some guy named "The Rock". Who is the fool that buys stock based on what some guy says on a stock board? If you do that you are a clown and deserve to lose all your money. Anyone know what the Rock does for a living? credentials? education? Probably not, but you buy stock based on what he posts on this website. That is the definiton of a fool lol.