• oneotherfool
    $ADMP, not fun! It's not finding a bottom.
    6/26/14
    Reply (19)
    • Perkins Cove: "Everything starts out as a trade. The ones that drop 10% become investments." - Ocean Man
      6/26/14
    • gregoriodulce: Has been in a steady downtrend since mid-May. No catalyst in sight to break the trend until next year, I'm out until maybe December.
      6/26/14
    • Perkins Cove: The question is....can that money be put to better use in the meantime?
      6/26/14
    • nclsamy: PC, thanks for reminding us that quote.
      6/26/14
    • Perkins Cove: Your welcome Samy. The choices are hold, average down, sell, or pray. Ok, praying is not a trading strategy. Choose wisely folks.....
      6/26/14
    • Perkins Cove: Oh, and thank you OM for that statement.. Wise indeed.
      6/26/14
    • JMattius: Bottom will be when they dilute at a discount. Staying away until that happens.
      6/26/14
    • Perkins Cove: Just feel bad for GeorjiGirl...has a house down payment riding on ADMP. Hope she gets it eventually...or something better.
      6/26/14
    • Perkins Cove: http://seekingalpha.com/s/rncwt
      6/26/14
    • JMattius: We all take lumps PC. I've taken plenty. Gambling house money on spec stocks like this is beyond foolish. Only play money should be spent
      6/26/14
    • Perkins Cove: I know I know...me two. But I still feel bad for her. Trading lesson #1. Don't lose money.
      6/26/14
    • Pink Sands Value Investor: remember my concern to georgi girl....that was a signal I ignored....The market rarely provides need but often rewards discipline
      6/26/14
    • wheelz23: PC, you forgot another choice- lie/mislead people about your bad positions...sadly this is done often
      6/26/14
    • GeorjiGirl: i'm still long on this. not gonna lie, it's killin me right now, but it's gonna be all good...i promise
      6/26/14
    • oneotherfool: Well, there you go, we're back to flat-ish. All that was required is for me to B*tch about it :)....and for OM to buy.
      6/26/14
    • homerun: I have to respectfully take issue JM. $ADMP may be at or near the bottom with multiple catalysts on the horizon.
      6/26/14
    • homerun: The shelf expires in two years. It's unlikely they fully exercise it in Q1 or Q2 of next year.
      6/26/14
    • JMattius: I'm not an ADMP hater homerun. Best of luck to all longs. I sold out but have no ill will. Just don't want the dilution risk. Just me.
      6/26/14
    • homerun: Understood JM. It's all about one's individual investment strategy and tolerance for risk.
      6/26/14