At the moment getting through the $4.23-$4.25 level is proving to be near term resistance. Currently it looks like a possible double top. Keep it mind it went up nearly $2 in the month of April. While everyone waits for mid June early July it could do some back and filling in the next couple weeks.
it's $4.95 area - will provide more info later. But I look beyond that since the trial is driving higher volume, tech charts aren't as reliable as in "normal" trading.
Sentiment: Strong Buy
"Hey shorty.What is the date of the not current information you refer to."
Have you no reading comprehension at all?
""The above was based on a search of YMB options."
YMB? Yahoo Message Board ? at the time I posted and even now: AMPE options calls Oct 21, 2016 as in -
5.00 AMPE161021C00005000 0.25 0.10 0.35 0.00 0.00%
There is a perpendicular column of words on a light blue background on the left side of the page after pulling up the YMB AMPE home screen. Two of the words in that column are 'Message Boards' another word, fourth line below the header "More on AMPE", is 'options'.
Click on it.
naples4sun • Apr 14, 2016 6:13 PM Flag
Welcome to Hotel California
Hey Shorts. You have checked in, but You can't get out. It's showtime!-
seems be the epitome of your posting drollery it is understandable you might not be aware that my handle and 'short on the scam known as AMPE' are synonymous.
In any case, once again , thank you for your redundancy.
"Market for $5 calls is .95 to $1.20"
Thanks for pointing out what I've already pointed out.
On a message board where many lack the stamina to read through the whole thread one cannot have too much assistance.
"The above was based on a search of YMB options. The information there is not current.
Using broker option premium and open interest information indicates that at present there is no pressing need to hedge in either direction."
"If that was true there wouldn't be Oct $5 c available for 35 cents.
The premiums on Puts suggests those selling them expect to have to cover."
The above was based on a search of YMB options. The information there is not current.
Using broker option premium and open interest information indicates that at present there is no pressing need to hedge in either direction.
A binary event is months away. The cautious trader would let the time value of premiums evaporate prior to opening a new position. With trial data not due for release until 3Q, 2016 reviewing options activity in July for the September and October contracts should reveal a clearer picture of market consensus regarding the direction of AMPE's share price.
" Perhaps they will hedge with options. "
If that was true there wouldn't be Oct $5 c available for 35 cents.
The premiums on Puts suggests those selling them expect to have to cover.
I agree but the shorts would love to see a mistrial. That's pretty much the only way they will cover since they made an absolutely moronic move and didn't cover in low $2's. This is happening at this point. We're seeing it in the buying action on volume alone and yes selling must be occurring as well but notice it continues to climb.That means the pressure is upward vs down which indicates a short squeeze considering no news.
I would imagine the next time we get an update on the short position, it will be a lot lower. I'd imagine a lot of this volume is short covering.