Hello, impatient investors. I have good news about my position in Ameritrans Capital Corporation (AMTC), the news are that I am not inside and I have gained money. Frankly speaking, it has been a difficult operation for me, but on the other hand, I have obtained benefits, this is the happy side of the operation after the initial losses of 120$.
Opened position: 10th September 2009. Closed position: 24th November 2009. Status of the operation: closed. Result: benefits.
My recommendation about AMTC:
If you like the risk and suffer heart attacks, this is your stock. Interest: short period of time. Very volatile. Interesting for invest bit money (500$), never invest a lot of capital in very volatile stocks like this.