RE:More tax selling and lots of risk ahead for AdcoreDara7Dara wrote: It may seem cheap but it can get cheaper especially with tax selling for another 3.5 weeks. If it goes people will sell. And as others have pointed out the CEO pays himeself way too much and the CFO should be fired too for numerous accounting errors pointed out before byTorontoJay who has stated repeatedly that he does not trust this company. Amphyappears to be a big bust and will drag them down. THey are also too concentrated in a couple clients..This might be the penny stock of the year for bagholders. This stock should come with a big red warning label.
This could get very ugly over the next three weeks with all the end of year selling due to taxes. People lost a lot of money on this stock but could at least save a lot on taxes. Risky buy in December. And I heard about that report @TorontoJay produced. Wow. Just wow. Cannot believe the CFO was not fired. The price we pay for playing in penny stocks.