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Public 3SOF Boards => Stock Market Talking => Topic started by: ZAFARAN on May 25, 2005, 11:59:18 PM

Title: New to board
Post by: ZAFARAN on May 25, 2005, 11:59:18 PM
Hi all, glad to see board make money in AMRE, I'm down average of 16.5
any opinions on AMRE?
Thanks
Title: Re: New to board
Post by: AussieTrader on May 26, 2005, 12:09:47 AM
AMRE is 'resting' as it is overextended it may well drift back some and find support at the rising moving averages, if it rests on lowish relative volume then good as that may allow an entry on the next leg up. I am watching it to see if it comes back to the 9 ema in a couple days maybe around $0.10. But hey it might also explode again tommorrow,these pennies sometimes do their own thing, all depends if enough speculators still have it on their radars.
Good Luck
Title: Re: New to board
Post by: ZAFARAN on May 26, 2005, 12:35:51 AM
Thanks, I may sell half tommorow if dosn't move up
Good luck to all
Title: Re: New to board
Post by: Ramsburg on May 26, 2005, 11:43:35 AM

The big move was from less then $0.01 to $0.255 .... that's what move a lot of attentions to this stock...
But now, you just have a lot of people trading a stock that is not usually traded by more then a few guys...

The potential still exists... but the speculative ride is over in my opinion.

Good luck, and welcome to our board !
Title: Welcome Zafaran ...
Post by: David Randolph on May 29, 2005, 10:31:59 AM
... I just wish you got out of the stock. Speculation is over, the stock may react a bit after going up and down so much but I think there will be no party again for some months, as speculators will leave slowly, one by one.

Good luck Zafaran !