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Ampio Pharmaceuticals, Inc. Message Board

  • boatgas1 boatgas1 May 26, 2012 10:32 PM Flag

    Resistance slowing at $2.85

    If it can hold $2.85 on Tuesday we may be seeing the next bump on up. I would expect to see the shorts unloading thier positions between $2.90 and $3.00, much more than that it's too risky to stay short. I'm glad everyone has made money but it looks like we are heading back to $7, if that holds I'm not sure what the ceiling would be with bigger players in this market. With the overall market tanking everyone will start looking for a small cap to make back thier capital, AMPE is in a good position both in the pipeline and the upside. Good luck all longs!

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AMPE
3.90-0.08(-2.01%)May 24 4:02 PMEDT