RE:NEVER IN A MILLION YEARSStockmoves,
I did what you did - sold in the 20s in early June. I rolled a big chunk into TUO to add to my already large position and a bit into TUD. TUO is up 35%..........which puts the AMK I sold at 22 at about 30 cents! TUD probably the equivalent to high 20s. It was a GREAT trade and I have NO regrets. I put the balance into FVL, ORV, GOt and a few others....they are ALL massively up.......some 100%!!!!! Plus I managed to pull my FIRST SHORT OF AMK off a week ago in the 30s! Still have a little to cover. Quick 20% return is always welcomed on size.
Even if I wasnt way up, Id still be happy about it. AMK is trading wher it is because of a bid, that is 60% higher than current market price, from the Cunninghsam............well, you know how I, and apparently the market, feel about that.
Given move in TUD and TUO, AMK should maybe be trading at 16 cents tops if the bid does NOT get financed..........thats a pretty big hit from current market. SUre, the upside is 60%........but there is a reason why no one is touching it.......including CUnningham who is free to buy in the market up to and inclding 43 cents!!! There are 450 million shares out there...............they could be pickin up shares on the cheapl..........but they are not
all imho
Stockmoves1 wrote: THIS GUY ADMITS DEFEAT
>>>Robozounskin. He likely still hasn't commmented or owned up to the very bad advice he was dishing out a week ago (and for several months) for everybody to sell at 17¢. I have him on ignore and I am pretty sure he is at it again, so let me know if he owns up or apologizes to the board or better yet, goes away.