written by reader Graphite

By storman1, September 28, 2015

I’m looking for some advice on investing in a graphite mine. Already own shares in Northern Graphite and did that ever tank since I bought it last year. I heard about Alabama Graphite (ABGPH) and have been following their news reports but for some reason do not believe every thing they report. I don’t know much about reading and understanding a companies SEC filings being new to investing. I unfortunately found Money Map investment site first and a couple of their scams then onto Motley Fool not so bad then Angel Publishing. So far every thing I invested in threw their advice or teases is failing miserably. Back to the point, does anyone have any ideas on either company I mentioned or another one. I bought 1 book so far on reading company financial reports and have got no idea how to read an SEC report so far a horrible book. If anyone knows of some good reading for a beginner I would be interested.

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Robert
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Robert
September 28, 2015 6:43 pm

Warning: stay away from Alabama graphite. I originally owned 900 shares then quickly after purchase sold 800 shares due to bad vibes. I then owned 100 shares; Alabama Graphite then split the stock 100:1. I ended up with one share owned and worth a grand total of $4.00.

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