'Basically I can buy the stock back tomorrow making a 3% profit! Maybe next week I can buy it at $0.25? Or $0.21?'
You could buy it back later but judging by your skepticism toward the stock you probably won't. It will gradually move up and then eventually at some point you'll be annoyed that you sold at 28 cents. It's the same thing time and time again.
The risk at this point is heavily toward the upside. The bottom can't be too far away. Only thing holding me back is a potential capital raising. I know they have cash but so did Gryphon 3 weeks ago.
The closer to Christmas we get with the markets winding down means capital raising unlikely in the next month in my view.
AMX Price at posting:
27.0¢ Sentiment: None Disclosure: Not Held
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