market cap will almost triple after tomorrow as they dilute another 22 million shares into this junk. DiLUTION will likely continue throguh early 2016 where another likely REVERSE SPLIT will occur. AMBS is a known PUMP AND DUMP (google it)
Sentiment: Strong Sell
smitty: You're going to have to be patient on the fiasco you've made with your last flip of AMBS. You posted for months how AMBS was going down to a "nickle." Well, you were right. It did. And I remember about the time you bought back in and started pumping again. It was in the .05 to .06 cent range Pre-RS. Unfortunately, the stock price has fallen to about .012 cents Pre-RS. According to my calculations....you're way down! But I'm sure you've been doubling down. And if you have the patience to wait another 6 to 12 months you might break even again.....if AMBS survives.
Napodano's Most Recent Valuation Was $180M - That Is A Fact
If he's only 50% correct that means that the current share price undervalues $AMBS by almost $12.00/share.
Which translates into about 500% upside from the current share price.
It's time for Gerald to start moving the share price in that direction.
Stay tuned for news.
The current market cap is pathetically low considering the assets that the company owns.
If I were a manager of a fund focused in the bio-tech industry and I had the ability to purchase $AMBS shares I'd be buying "all day long" here.
I expect that is what will happen as soon as $AMBS starts trading on the NASDAQ. The risk/reward is too compelling not to invest in $AMBS. The story would be different if the share price was at $20 but it isn't.
There are too many reasonably expected catalysts that will move the share price higher. The current number of shares outstanding is just over 7M. The bashers/naysayers fail to mention that the number of share outstanding hardly moved in the last quarter compared to the previous quarter even though they were constantly referring to the massive dilution that failed to occur because Gerald chose to use debt funding.
If you own shares at a substantially higher price I suggest you average down. If you owned 500 shares at $12.00 why not buy another 1,000 shares at $2.50 and lower you break even price to $5.65.
My break even cost is currently in the $4.25 range. I'm not the least bit concerned that I'll be in the green within a matter of days or weeks.
Best of luck to all the shareholders.
p.s. There are times when averaging down is a "no brainer".
Look at the bright side.....zero isn't that far away and so the down side from here is very doable. Zero is a very solid number.....I think we'll find a solid floor there.
That is a new one but what is not a new one is that there currently are others with tests to detect alzheimers and they are on the horizon, the window for Lympro and being the "gold standard" is closing.