Take a look at these numbers for AMBS Wed up 22% Thurs up 160% Today up 32%
Ok it's not too late trust me this stock is still only trading at pennies on the dollar even though there 52 week high is .50! The news is out and that is why this stock is jumping! New board member added hailing from Bristol Myers Squibb, co founder of Amgen announced he is buying 1 million shares of AMBS, two different products about to hit the market and positive test results released just this week on our main pipe line drug!! Take a look at it low float volume today at 47 million shares traded! Share price and volume hitting new highs daily after news was released! Peace to all and good luck no matter what your investments.
I know what it looks like and after many investments I am familiar with the o'll P&D but here is why this one is different.
There is no dumping and I keep insisting for "links" to some stock ticker spammer but no one can show me a single site. So if it's a P&D there would be no news on it just a sky rocket for no reason then lots of shares to flood the market with. The float is only 57 million shares 47 million shares traded Friday alone that's almost the entire float with people buying in between .025 and .0375 with a close of .028. So that is the new foundation for the stock. The news especially the news on the positive test results for one of the only drugs to treat Parkinson's Disease and traumatic brain injures like those affecting the NFL and war vets is a much needed product field to be filled.
BIO stocks remind me of Gold and Oil and Gas they are worth nothing until the "hit" pay dirt then they sky rocket to the moon. Not saying that is going to happen but keep it on your watch list and we'll see how next week goes.