We may be nearing the point at which AMPE moves sharply upward. The third quarter of the year begins in less than two weeks. The shorts, who have been aided by firms willing to let them short “naked,” i.e. without actually borrowing real shares, will soon have to produce the stock or the cash with which to buy real shares to replace the phantom stock. Until that happens, however, the shorts may be able to keep up their pressure on the stock price.
Let the true bulls among us remember the following statements which were made by the company as factual reality (not subject to disclaimer in the “forward looking” category).