Arotech Corporation.................. it's a joke? Whats with these companies that say "just received millions of dollars worth of orders...blah..blah..blah..." and the stock don't go up a dime?
2007-02-26 20:06:49 · 3 answers · asked by Gray Rock 3 in Business & Finance ➔ Investing
It's called "pump and dump" (google it for details). You'll never make any money following the advice of spam mail for penny stocks.
2007-02-26 20:09:25 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I bought that about a year ago and sold it about 4 months later. I wouldn't even waste time with it. If you have less than $500 invested, I would just wait it out. Maybe you'll get lucky. They make all that stuff for the military you know.
2007-02-27 04:39:31 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Trades over 100,000 shares a day and I have no idea why. I'm chart-oriented and it looks sick, short term and long term. And, to BOB, hey, if you wouldn't buy it today, then sell it today. Holding this stock looks like being married to an ugly woman and hanging on hoping things will improve.
2007-02-27 05:39:59 · answer #3 · answered by ZORCH 6 · 0⤊ 0⤋