Amelot Holdings Inc. Message Board

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Biotech / Medical : Amelot Holdings Inc.

AMHD 0.000200

0.0%

Sep 11 3:50 PM EST

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To: Kenneth Schlottman who wrote (70)	2/2/1998 7:58:00 AM
From: Barkley	Read Replies (1) of 201

Here is my take on the "nose dive". AMHD is a money world stock... money world gets paid with a large number of shares. They hype the stock up using their brokers and their magazine... the stock is a bulliten board stock, so no financials are available... so alot of suckers buy into money world's hype and the stock goes up. Way up... the term castle in the sky applies here. Once the stock gets high enough I would bet that money world then sells their position... can't prove it, but the stocks all seem to take a major dive based on no news. So, the individual investors are left with the remains of a dying stock. I do think AMHD is a little different than most money world stocks in that they have an actual product and have potential to grow. I think AMHD is actually letting their financials become available these days. Which explains why the stock is hanging out a little above $1. The best book value I have been able to calculate (rough estimate based on numbers provided by Money World... since AMHD STILL hasn't filed with the SEC) is about $1/share. So, it doesn't seem that unusual for AMHD to be trading around $1.5/share... 50% above its book value. Supposedly their phase 2 testing went great... except they didn't announce it to the world... they said they released news but I was never able to find it using three different business news services. Also, their plans to trade on the NASDAQ are floundering bad as they have to trade above $3/share for 30 days first...(after they file with the SEC if they ever do)... I was preparing myself to buy several hundred thousand shares of this stuff... I thought it was the stock to buy... until I got their financials... now I am undecided and will probably wait a while and see if they ever start releasing news. So, I guess I am still a sucker.. almost blew my wad on a bulliten board stock. When will I learn. Barkley

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