Oil has been getting crushed, but American Leisure Holdings, Inc. (AMLH) is due for a surge of sorts thanks to being to the newest pick of the once kings of the pump and dump: AwesomePennyStocks. like what most traders expect which is an opening bell alert trickled out as volume begins to record 5 million shares, 10 million shares, 50 million shares, alerts on AMLH stock went out just hours after they announced the acquisition of a petroleum distribution center and convenience store located in the highly traveled area of Butler County, Pennsylvania. Since the ticker is already fully diluted, how long can they keep the pump running for you too be profitable?
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AMLH Stock Quote Friday, January 16
|Close||0.09||Change (% Chg)||+0.0100 (+12.50%)|
|14-Day Rel Strength||47.41%||Market Cap||$55.89M|
|52Wk High||0.30||52Wk Low||0.06|
To say it was a shock to see AwesomePennyStocks, aka BestAmericanStocks, come out pre-market with their pick, American Leisure Holdings, is a bit of an understatement. In fact, if memory serves us right, the last time they went out on a pink sheet that was fully diluted already was back when they group did VLNX back in 2012 which was right around the time they were beginning to break up – a pick they later pulled the plug on right after the closing bell.
For what its worth, AMLH is basically Wroblewski Oil & Gas, an oil and gas distributor in the NE operated by Eric Wroblewski, President, and Scott Wroblewski, Vice President. The catalyst for today which wasn’t the alerts issued by the APS group was the completed acquisition of a petroleum distribution center and convenience store located in the highly traveled area of Butler County, Pennsylvania that is expected to increase gross sales by $2.5 – $3.0 million dollars to approximately $10.5 million dollars annually.
That is an enormous accomplishment (on paper) considering that there was only $150 in cash in the bank as of September 30, 2014, assets worth $8,550, and sales that topped out at $0!
Neither the viability of the announcement or the enormous share structure that currently exists prevented buyers from running AMLH stock up to 0.24, making the market cap for this pinky a whopping $149 million. Having issued AMLH a price target of $0.80 in the alerts, the real question is whether you’re ready to turn $20,000 into $10,000, not $20,000 into $200,000.
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About AMLH Stock
American Leisure Holdings, Inc., through their wholly owned subsidiary, Wroblewski Oil and Gas, is a development stage company conducting business as a distributor of a leading international manufacturer of transportation fuels and petrochemical products.
Issued and Outstanding: 621,010,350
Last 5 Trading Sessions:
Awesome Penny Stocks has had the fuzz on their trail for quite some time already which only increases the risk of AMLH being another VLNX that much more. Flipping and ripping, AMLH stock is due to end the session as one of the hottest penny stocks on the OTC, but surely not one of the most profitable ones.
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