I found a penny stock at $0.0035 that is probably worth $1
That’s just my calculations. I called up their CEO. Here are some highlights.
Le Reve: what is happening with amne?
21 Jan 09, 22:10
Auger: heh
21 Jan 09, 22:10
glen: if we dont jump the gun?
21 Jan 09, 22:10
Auger: i am waiting for the morning
21 Jan 09, 22:10
glen: that happens right?
21 Jan 09, 22:10
glen: why dont we just wait for the ask to come down in the morning
21 Jan 09, 22:10
glen: i have an idea
21 Jan 09, 22:09
ck74: i have already typed it in as a buy
21 Jan 09, 22:09
glen: oh well.
21 Jan 09, 22:09
Auger: hey!! iremember who tipped you off ;x
21 Jan 09, 22:08
Auger: lol
21 Jan 09, 22:08
glen: i wanna buy in before you raise the ask
21 Jan 09, 22:08
glen: lol
21 Jan 09, 22:08
Auger: i’m gonna bolster my shares in AMNE tomorrow
21 Jan 09, 22:08
ck74: amne looks hawt
21 Jan 09, 22:08
Auger: i will, i pass through new haven on my way home
21 Jan 09, 22:08
glen: you should go visit them, haha
21 Jan 09, 22:08
Auger: originally that is
21 Jan 09, 22:07
Auger: not far from new haven
21 Jan 09, 22:07
Auger: yeah i’m from CT
21 Jan 09, 22:07
glen: yes.
21 Jan 09, 22:07
Auger: you think they know what they’re doing right?
21 Jan 09, 22:07
glen: and the housing market there is better than average
21 Jan 09, 22:07
Auger: did you get this from your conversation?
21 Jan 09, 22:07
glen: but, these guys have been doing this stuff for 15+ years in the conneticut area
21 Jan 09, 22:07
glen: he’s just been pushing the company all over the place
21 Jan 09, 22:07
Auger: what does the merging and reverse merging mean?
21 Jan 09, 22:06
Auger: glen just did a boatload of research about them
21 Jan 09, 22:06
glen: they are about 20 strong
21 Jan 09, 22:06
glen: they’ve been merging and reverse merging for a while
21 Jan 09, 22:06
Auger: that’s my bet !
21 Jan 09, 22:06
Auger: AMNE
21 Jan 09, 22:06
ck74: who?
21 Jan 09, 22:06
Auger: yeah
21 Jan 09, 22:06
glen: they have “Green” insulation
21 Jan 09, 22:06
glen: profit margins are increasing
21 Jan 09, 22:06
glen: they are in a profitable nitch already
21 Jan 09, 22:05
Auger: haha
21 Jan 09, 22:05
glen: hes probably going to acquire some debt
21 Jan 09, 22:05
glen: he knew more vocabulary than me.
21 Jan 09, 22:05
Auger: hrm
21 Jan 09, 22:05
glen: the guy is lucid
21 Jan 09, 22:05
Auger: haha
21 Jan 09, 22:05
glen: the guy has connections
21 Jan 09, 22:05
Auger: what’s the report??
21 Jan 09, 22:05
glen: alright.
21 Jan 09, 22:04
ck74: i think the LONG TERM they will do ok.. BUT will need recovery of the auto industry to really take off again
21 Jan 09, 22:04
Auger: but hey trust your gut
21 Jan 09, 22:03
Auger: but i changed my mind
21 Jan 09, 22:03
Auger: i was thinking the same thing
21 Jan 09, 22:03
ck74: correct i think i am gonna gamble on them
21 Jan 09, 22:03
Auger: they have huge payments coming
21 Jan 09, 22:03
Auger: if their shares don’t take off they’re gonna go bankrupt
21 Jan 09, 22:03
ck74: not rightnow they ust are reworkingcuz they took xm over.
21 Jan 09, 22:03
ck74: they are gonna do good at superbowl
21 Jan 09, 22:02
Auger: sirius is flirting with bankruptcy
21 Jan 09, 22:01
ck74: siri
21 Jan 09, 22:01
ck74: sirius
21 Jan 09, 22:00
Auger: what stock?
21 Jan 09, 21:58
ck74: wouldyou go after a stock with a possable reverse split coming?
21 Jan 09, 21:57
Auger: must be a good convo?
21 Jan 09, 21:57
tocamix90: w t f
21 Jan 09, 21:57
glen: phone still
21 Jan 09, 21:48
Auger: oh man i’m eagerly awaiting the results of this phone call
21 Jan 09, 21:44
Auger: 8:45
21 Jan 09, 21:44
SuperTrader: as i do most of the time
21 Jan 09, 21:44
SuperTrader: It’s kind of late there, I suspect you will get the machine
21 Jan 09, 21:42
Auger: i’ll be waiting : )
21 Jan 09, 21:42
glen: on phone
21 Jan 09, 21:40
Auger: haha awesome
21 Jan 09, 21:40
glen: haha
21 Jan 09, 21:40
glen: calling ceo
21 Jan 09, 21:40
Auger: its got some contact info
21 Jan 09, 21:39
Auger: is their website, i’m sure you already knew that though
21 Jan 09, 21:39
Auger: http://www.sprayfoamnation.com/home.php?cat=0
21 Jan 09, 21:39
Auger: not that
21 Jan 09, 21:39
Auger: whoops
21 Jan 09, 21:39
Auger: http://www.marketwire.com/press-release/American-Green-Group-Inc-936722.html
21 Jan 09, 21:38
glen: i figure average salary is $50K
21 Jan 09, 21:38
Auger: ah
21 Jan 09, 21:38
glen: depends how many people are employed
21 Jan 09, 21:38
Auger: so they got enough overhead to cover it
21 Jan 09, 21:38
glen: i’m trying to figure out how many people work for AMNE now
21 Jan 09, 21:38
glen: 1.2M is your gross margin
21 Jan 09, 21:38
glen: http://investorshub.advfn.com/boards/board.aspx?board_id=7107
21 Jan 09, 21:37
SuperTrader: KEME is looking good for the morning susie
21 Jan 09, 21:37
SuperTrader: but, if the stock goes up you could lose who knows how much
21 Jan 09, 21:37
Trader gal: whats looking good for tomorrow
21 Jan 09, 21:37
Auger: glen you’re gonna have to fill me in, i’m not quite following your math
21 Jan 09, 21:37
SuperTrader: and make the difference
21 Jan 09, 21:36
SuperTrader: then when the price goes down, you can buy the shares cheaper to cover your short sell
21 Jan 09, 21:36
glen: 4M*.3=1.2M
21 Jan 09, 21:36
glen: 2.5+1.5M=4M
21 Jan 09, 21:36
SuperTrader: sweet toca
21 Jan 09, 21:36
SuperTrader: If you shorting something you are basically selling shares you dont really own at the price that they are at
21 Jan 09, 21:35
Auger: i’m glad i asked for your opinion ;x
21 Jan 09, 21:35
tocamix90: up to 1.15 after hours
21 Jan 09, 21:35
Auger: nice digging