Down over 90%. Been invested here for 3 years now.
Post# of 30029
Posted On: 10/17/2015 8:58:32 AM
Re: bengaltiger14 #20905
Down over 90%. Been invested here for 3 years now.
Nothing to do now but hope they can turn this around enough to recover some of the loss.
I have learned some valuable lessons in the past 3 years though. Being down 6 figures has been very painful for me. But I know that I have no one to blame but myself. I, like many here ignored all the red flags and warning signs of OTC biotech investing.
Before AAIC2014 my AMBS investment was worth $400,000. Today a little over $13,000.
I believed in GC and they management team and the pipeline and thought that this was almost a sure thing.
I always found it odd that tiny AMBS could buy valuable "gems" like LYMPRO that well run BP wanted no part of. I do believe in ESS however.
Also odd was the fact that even with a hired professional, they have never be able to secure any grants.
The toxic finance situation was the scary part. The day I read about the 5 million from the DISCOVER FUND and did some DD, my heart sank, I almost sold then.
Big red flag.
The go it alone and not partner either by choice or not has also been costly.
GLTA......Go ESS!!!!!
Nothing to do now but hope they can turn this around enough to recover some of the loss.
I have learned some valuable lessons in the past 3 years though. Being down 6 figures has been very painful for me. But I know that I have no one to blame but myself. I, like many here ignored all the red flags and warning signs of OTC biotech investing.
Before AAIC2014 my AMBS investment was worth $400,000. Today a little over $13,000.
I believed in GC and they management team and the pipeline and thought that this was almost a sure thing.
I always found it odd that tiny AMBS could buy valuable "gems" like LYMPRO that well run BP wanted no part of. I do believe in ESS however.
Also odd was the fact that even with a hired professional, they have never be able to secure any grants.
The toxic finance situation was the scary part. The day I read about the 5 million from the DISCOVER FUND and did some DD, my heart sank, I almost sold then.
Big red flag.
The go it alone and not partner either by choice or not has also been costly.
GLTA......Go ESS!!!!!
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