The chart is a good indicator, nice pops, and dips. So, buy low and sell high for quick profits. I don't know about being very long but quick profits and forget about it, take gains and run. From a day trade perspective.
Modestly speaking and chose not to disclose my total position. But you can think what you want to think, you big baller you!
Softy, scared, and inexperienced day traders don't know any better. Picked up a few more thousand shares thanks to you at a discount and just increased my gains. Thank you scalp and day traders, you just got "BAMBOOZLED". The overall sentiment is this company is really doing big things, and all you can think about is making a few dollars here and there (no problem), but this is a "HOLD".
Inexperienced traders got bamboozled on the fake out drop and was shorts taking positions and at over bought mode. Take heed, buying pressure at $0.47 and continued sell stop pressure at $0.46.
Interest from institutions and accumulation in progress. Today's after hours was best case scenario price is going up with intraday higher lows. This may not pop like the Icahn hedge fund managers institutions new positions have in recent past, such as, VLTC, PTBI and PBMD, but is undeniably being acquired by BIG MONEY slowly. Next fluff or good news press release will be exciting. We will see $0.60 rip and anything goes from there. I say, keep adding in the dips because as you well know based on last weeks and today's action, just cannot break the price down no matter how hard they try to bring it down.
1. Chart is bullish, added volume, and touching $0.448 compared to one weeks lows is good and creeping back up to major resistant area between $0.46 - $0.50. 2. New positions added from various BIG MONEY investors disclosed their positions is the newest trend and today's volume is proving theory picking up momentum. 1. and 2. mentioned above is conviction enough to be long. I like the fact there is no true catalyst and trending 3% to 9% is a healthy uptrend versus the pop/gap up. I don't mind the gap up, but truly prefer a general long bullish sentiment with new money adding positions. I say, avoid the urge to day trade, watch volume fade swiftly, filter the swingers/scalpers, and watch the fruits of your labor (whatever that may be) return nice gains. And should you have the urge to swing trade, adding to your position on the dips is simply investing 101. Watch this unfold gradually!
From a chart perspective and based on last few days action, this is still bullish regardless of the wall of sellers after hours, and who cares about the bears who may be adding to short position causing the violent swings. My peace of mind is the daily bullish chart from a long perspective (NOT A DAY TRADER PERSPECTIVE). Hard to convince me to sell, and absolutely would not be short with anticipation of any type of fluff or positive press release due at any give time. Chart printed $0.38 today and volume increasing rather than fading. We will be rewarded soon, do doubt about that!
I like the gradual upward movement. It was the shorts that were squeezed early a.m. session and now sellers at work taking profits. This is not one of those day trades, and have to hold when in the $40's. Tomorrow we will see 10 Mill plus volume. Get ready!
Sentiment: Strong Buy
Good press coming from Seeking Alpha, or another Street news this week puts this back up above $0.40's. Now I am speculating, but is most likely based on today's mini break out.
Today's 8-K filing could be positive based on today's action, and I like the bid and ask at above today's close with bid in huge lot buys at $0.31. If this opens above $0.32 tomorrow a.m. then we can agree MM's have placed their bets is going up. But a knowledgeable investor who can elaborate on today's 8-K could give more insight. No doubt the stock is now bullish based on the today's momentum and with low short interest todays buying pressure with low volume is great . I have been noticing Market Maker NDD which is a tell when I see the volume of shares on the buy side coming from market maker/NDD. Up tomorrow!
Just want to make one thing clear and pertains to any security long or short, if you have conviction to buy long or shot, and based on some proper diligence you pull the trigger. If you decide there is not enough conviction and just going off the pumpers or bashers, then you should not be in this business because obviously you are not experienced enough as a trader. What I am trying to convey, regardless if you feel AMDA is going up or down, you buy without a concern. Knowing when to enter or exit is more important than wishful thinking. Me, I am buying on the pre-meditated hype before the conference for another nice run. Swing trading is one thing, and going long is fully commitment and appears one has already done his/her due diligence. Know that we will never beat the MM's and your first objective should be knowing when to enter and exit a position if your theory proves wrong. This goes out the both pumper, basher and to other lending ears.
I forgot to add, remember, when it comes to MM's 3 to 5 ticks/2% is the major point of sell or buy. Any penny stock up 5 ticks is going to swing and manipulation by the MM's kills the price action which is the reason we have a wall. We need news, or else MM"s will not let this get passed $0.31 and only 7 Mill volume plus could help with buying pressure.
Big Wall at $0.31 agreed by previous posters. Momentum is real good, holding well and side trending/failing to breakdown and more upside, and debt is irrelevant. Accumulation is the best case scenario and if can add an upgrade or decent news could lift above $0.34-$0.36 and if can hold by June 03 next week could be the next leg.
Can anyone elaborate in regards to the 42,502 buy@$6.79 after hours "Market Center Closing Trade" on 05/22/15@16:00:21? Huge lot size and thank god on the 'buy" side. Any feedback would be greatly appreciated, and please no gibberish!