Not sure if you guys have noticed there has been some interesting call buying this week in AMPE. Someone bought 800 of the Feb 3 calls (entire open interest) and 800 of the Jan 2.5 calls this week
LOL, Classic rich pump from Sept 18, 2012:
"So far you have done a remarkable job of holding through the last years roller coaster ride. I interviewed Dr. Bar-Or and learned about the mechanism underlying NCE001. I am going on record as stating that NCE001 will be the most powerful cancer fighting drug in history. Ampion will also be a miracle drug that will eventually dominate the 60 billion dollar anti-inflmmatory market. Optina and Vasaloc are going to be huge because they work so well and have no side effects and the market is large and growing rapidly. And Zertane will be the SuperSex drug of the century."
Agreed with the "trial failure" that is always a possibility and that BP will #$%$ for pennies and then slowly bring it to market. Let's hope that this currently proposed trial makes it....time will tell.
Interesting perspective. I interpreted that portion of the call as partner timelines for co-sponsoring the trial were inconsistent with company cash position, therefore a deal would happen *after* successful final pivotal trial. If successful, pharma doesn't mind paying a higher price for risk reduction. If it fails to meet endpoint again, pharma will pick up Ampion for a fraction of the price and bring it to market on their timescale and with their funds.
More concisely, product works well, application ease, on target for getting it done, from conference call would not be surprised if they are concurrently working with B-Pharma as the time-line comments regarding the B-Pharma clinical processes was spot on. Appears from yesterday that the accumulation is now occurring. Pattern with Bios many of us have seen is a "three-day rule" where post interesting information, i.e., the conference call, there is a lag in price/volume action. That may be what we are seeing here. If they can get this through the gate, I think Mike will have a sale in hand rapidly and he will, at this point, gladly step away from the Street shenanigans. if you check the board of directors ages, these guys are not puppies and are probably ready to cash in and move on.
Dipped to 2.88 at 3:16PM and a very nice climb back up to $3.00 at close and then a couple pennies after hours—beyond my wildest expectations/dreams….Way ahead of my schedule…
And over 900,000 volume.
at the moment as we sit a dime off the days highs it appears longs either covered or got stopped at 3.00 -.301. The session highs.
only 300% more to get to the near pre-STRIDE release high. Good to see consistent uptrend with reasonable volume for a change.