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Ampal-american Israel Corporation (AMPLQ) [hlAlert]

Rating:
Buy AMPL
down 99.98 %

Ampal-american Israel Corporation (AMPL) rated Buy

Posted on: Thursday,  Jan 17, 2008  9:38 PM ET by Cheap Stocks for 2008: 10 Picks Under $10

Cheap Stocks for 2008: 10 Picks Under $10 rated Buy Ampal-american Israel Corporation (OTCBB: AMPLQ) on 11/29/2007, when the stock price was
$141.20. Since then, Ampal-american Israel Corporation has lost 99.98% as of 08/27/2015's recent price of $0.02.
If you would have followed this Cheap Stocks for 2008: 10 Picks Under $10's recommendation on AMPLQ, you would have lost 99.98% of your investment in 2828 days.

Ampal-American Israel Corporation (Ampal) primarily acquires interests in businesses located in the State of Israel or that are Israel-related. The Company?s investment focus is principally on companies or ventures where Ampal can exercise significant influence, on its own or with investment partners, and can use its management experience to enhance those investments. Its focus is to invest in undervalued assets with an emphasis in sectors, such as: Energy, Chemicals, Real Estate, Project Development and Leisure Time. In August 2008, the Company announced that Merhav-Ampal Energy Ltd. (MAE), a wholly owned subsidiary of Ampal, completed the acquisition of 99.99% interest in Gadot Chemical Tankers and Terminals Ltd.

An investor shouldn't scoop up 100 shares of company XYZ just because its price looks like a steal (it could, after all, be cheap for a reason). But there are single-digit stocks that are beckoning for a breakout or ripe for a recovery. Move in at the right time, and you could wind up with a hidden gem for a bargain price.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/29/2007 4:00 PM Buy
1 year
141.20
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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