When I enter a stock like AMBS, as I did 1.5 years
Post# of 30067
Posted On: 03/21/2015 7:00:37 PM
When I enter a stock like AMBS, as I did 1.5 years ago, I try to ascertain what it's chances are of giving me a handsome return within a year or two or three. I don't go in if I think the stock price won't go anywhere for longer than 3 years.
Based on everything Gerald was saying in 2013 and 2014 I never dreamed we'd be trading at .06 cents on March 20, 2015. This is the rub. I don't think Gerald can justify the guidance he's given us over the last 1.5 years. Either he was fibbing or ignorant. He has stated at least 2 or 3 times that we might not even need a RS to up list....by end of 2014. What was he thinking?
I think Gerald revved up his guidance to keep us excited just hoping something would pop, but having nothing in hand to justify his rosy forecasts. That's why some of us feel duped.
Warp: I invested based on what the CEO was saying should happen.....and nothing close to what he has said has happened.
This has nothing to do with my not being a long term investor. Sure, if AMBS rises as Gerald intimates it should, I'll hold it for 15 years! Is that long enough for you? But who goes into a stock thinking it won't go anywhere for 5 years? You got in at .01 to .03 cents because you thought it would most certainly go up in the near term. You doubled and tripled your money fairly quickly. We all thought the same thing when we bought in at .07 and .08 cents based on what Gerald was saying, only it hasn't worked out as well for us as it has for you.
But all your talk about us not being long term investors is bunk! If your cost basis was .02 cents and it went down to .01 cent a year later.....you would be upset too! You're still up 300%, even at this low point!!
Based on everything Gerald was saying in 2013 and 2014 I never dreamed we'd be trading at .06 cents on March 20, 2015. This is the rub. I don't think Gerald can justify the guidance he's given us over the last 1.5 years. Either he was fibbing or ignorant. He has stated at least 2 or 3 times that we might not even need a RS to up list....by end of 2014. What was he thinking?
I think Gerald revved up his guidance to keep us excited just hoping something would pop, but having nothing in hand to justify his rosy forecasts. That's why some of us feel duped.
Warp: I invested based on what the CEO was saying should happen.....and nothing close to what he has said has happened.
This has nothing to do with my not being a long term investor. Sure, if AMBS rises as Gerald intimates it should, I'll hold it for 15 years! Is that long enough for you? But who goes into a stock thinking it won't go anywhere for 5 years? You got in at .01 to .03 cents because you thought it would most certainly go up in the near term. You doubled and tripled your money fairly quickly. We all thought the same thing when we bought in at .07 and .08 cents based on what Gerald was saying, only it hasn't worked out as well for us as it has for you.
But all your talk about us not being long term investors is bunk! If your cost basis was .02 cents and it went down to .01 cent a year later.....you would be upset too! You're still up 300%, even at this low point!!
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