It dipped as low as $6.15 today on higher than average volume of 1,344,293. I can't explain why it can't seem to garner much investor interest or enthusiasm., this board excepted. to create sufficient demand to push the price higher. Its making 5's look more likely than 8's anytime soon. I suspect international events are playing a bigger role in depressing the entire market from which the AMPE opportunity cannot rise above. If I had the money I'd be buying at these levels. IF I can successfully cash out of some other positions. I will buy a few thousand shares and wait for it to repeat its previous climbs to 10 a level at which the shorts have successfully made money before. I didn't get to listen to the CC but would appreciate a good summary from anyone who did. Low price points on high volume does not bode well for future pricing. Steve how do you view that?
It went as low as $6.54 on volume of 595,153 shares, not good, nobody is beating down the doors to own this stock
I've driven by their current building and it looks pretty nice from the outside anyway. unless its a rat hole inside. I'll have to walk in the next time
"the fact that institutions apparently didn't want to pay more than $7.00 for the placement." is both, disappointing and telling considering they are much closer to management and in the know then we'll ever be on our best day. If anyone should know whether this is a blockbuster investment it should be them. So it begs the question why are they holding back, if the science is as good as everyone seems to thinks. GLTU
Ag, LOL your already buying a lot of beer as it is. Stop already, with the nonsensical and fantasial price predictions. There's barely enough volume to sustain the current pricing let alone move it higher. Try to get real OCCASIONALLY!
I actually thought I said something far more conservative than 6 before 9's that was in response to one of Ag's ridiculous price predictions. but I won't quibble about what I said or didn't say,I received a lot of BS, ie, idiot, fraudmiester, etc., etc, from supermouth and ri for simply saying it would see the sixes again when some where in the throws of PPS fantasies. "I say it hits $13 before it hits $3." LOL now that's going out on a limb. I say that if it gets anywhere near 10 the Shorts will be profitably pounding it down to 6 again. Thanks again, for your often cogent and thoughtful posts. GLTU
Ag, sometimes I don't know how you manage to do it almost consistently, to sound nuttier with every succeeding post. I truly hope this stock lives up to your hopes and expectations. if it doesn't I fear the last remaining strands of your sanity might snap. Have a great day ;-)
Depends on the news doesn't it :-) 20's in your dreams maybe, not anytime soon. if it gets anywhere near 10 the Shorts will repeat the process as this becomes the gift that keeps on giving. Did The soft bash artist BS add any credibility to your post or further your reputation as an ignorant #$%$
$6.30 was an intraday floor the last time but 5's are possible. If it busts $6.30 I think it will get ugly and the faith of this board will get tested. The last time this was at nine and change was Feb 11th where it closed at 9.07 on volume of 437,700 from that day on this equity saw a steady overall decline in price on declining volume until the shelf offering started hitting the market. what was disturbing was the PPS continued to decline on increasing volume. Feb 26th it closed at 8.45 on volume of 667,900 shares the following day the volume more than doubled to 1,750,800 shares and the PPS dropped further to $7.94 indicating IMHO that the selling was relentless and demand non-existent. This stock has to have news that indicates that its potential is something more than wishful thinking. What I thought was telling and contributory to the continued price decline was that neither Citi nor Jefferies seemed to be interested in owning the shares only selling them which would only serve to cause potential buyers doing DD to pause before buying, softening already soft interest in the company. In this respect I think RAC is right, that until some big banker is willing to bet their money and their reputation on this equity its rocky price performance is only likely to scare new investors, add to that the growing population of investors that bought this at its highs and the shorts that have gone laughing to the bank every time it did hit a high, encouraging them and fortifying their confidence in their investment strategy. However to answer your original question that got lost in my digression. I won't be so bold as to say this will see 5's before 8's. Once this reverses I think the climb will be as steady as the decline was but resistance is likely to occur around the 8's as the shorts see an opportunity to do it all again and holders also having been there done that before, will be quicker to bail in the event of any price weakness. GLTA
When the company starts trying to hawk the stock rather than the science. I don't view that as positive at all.
What happened to all your unrestrained enthusiasm. Had I posted a similar remark not that long ago. I would have gotten some of your unrestrained pejoratives. I was apparently prescient when I said this will see sixes again. I may have been to conservative as fives look quite possible. GLTA
begs the question. what might you be drinking? Come off the sauce and rejoin reality. 20 dollar target. If they even remotely believed that they would have purchased the entire offering themselves
If their putting the money into the building and not the research that speaks volumes. Ampioosh might be vindicated when he called this SCAMPE. GLTA