The volume for ADMD, a microcap stock, continues to be strong. I do think that the company is selling shares now to raise capital but there are buyers of the stock and in decent amounts. Someone besides me, and with a lot more money than me, see some strong potential for this company. The negative nancys here can not contemplate this in any way I believe. They are all still so shell shocked after buying way to high in the $.20 range. That is understandable to me. Being stupid is supposed to be painful and those folks are hurting!
Anyways, there is good interest in the stock at these prices. That is one of the reasons I was a buyer this week. Another reason is that last quarter there was not a good supply of isotopes due to equipment outages. I expect to see far better revenues in the upcoming earnings report and even a new client or two.
I am happy to be on the side of acquiring the stock. I do not think that the sellers are the core shareholders of this stock. I think it is the company raising money in the smallest distribution of shares that they can manage. After all, insiders own a wopping 35% or so of all the stock. I can imagine they do not like the share price at all.
Anyways, I am not going anywhere. I will stick with ADMD and look forward to being correct on the long term success of the company.
You sure do pump the hell out of this stuff. You never have anything to say about real news or earnings but you do lay the BS on thick. Is this what you do for a living? This company hasn't done a thing in 7 years except pay the CEO a big paycheck.
This consistent volume means to me that there is great interest in the company by some long term investors. A big spike might make me think there is a news leak. This consistent volume is great. Good accumulation in ADMD.