Yes an amazing run for AMPE. Congrats to all the Longs who were smart enough to December or early Jan. to buy this thing. I shorted it recently but I am still getting crushed today.
Now the hard question. What will AMPE do going foward? Is its parabolic jump over or can it still run up another 95% over the next nine weeks? Or will AMPE pull back from here as so many shorts are betting?
My short borrowing fee just jumped from 12% to 74% annual rate at Interactive Brokers... AMPE is very expensive to short now... I might be forced to cover soon as it is just too painful to short with these high borrowing cost. Seems as if everyone wants to short AMPE right now and there just aren't enough shares. AMPE is due a for a big move either way soon. Either a big jump up and shorts get squeezed or all those shorts finally see a profit as AMPE corrects back down to $3.5 level....
What is driving AMPE up today? No news and it up a huge 12% on big volume on a down day for the market?
Anyone know what is going on? Is AMPE about to release some big news?