Anonymous
Anonymous asked in Business & FinanceInvesting · 10 years ago

Is ADMP stock a good investment?

2 Answers

Relevance
  • ?
    Lv 5
    10 years ago
    Favorite Answer

    Hi boob,

    I have to agree with Raysor - ADMP is extremely illiquid and is probably best considered as a penny stock. I personally avoid such stocks. Buy this only if you wish to hold this stock for a long time and can do without the cash invested in the stock, since you might lose it all in one foul swoop.

    Cheers!!

  • Raysor
    Lv 7
    10 years ago

    NO!!!

    Why?

    OTC

    Low liquidity

    Look at the figures:http://finance.yahoo.com/q/ks?s=ADMP.OB+Key+Statis...

    USD$18m market cap.

    No revenue

    Outflow of cash

    Cash in bank $2.5m

    Debt $1.26m

    BUY Citrix (CTXS)

Still have questions? Get your answers by asking now.