Yeah, good accumulation and volume today, with minimal selling. A couple days like this, and that may be an indication that something positive is on the horizon. Remember, good news always gets out a little early. I wouldn't doubt it if friends and family of the FDA decided to buy a few shares 'just before' approval. Hey, I'm just sayin'. If you see the pps and the volume rise, that usually portends good news. MDLAND~
There still is more buying than selling. The spread and the backlog of shares held by the MMs are what's holding us at $.09. We will not stay here for long. Dang, I wish I had more dry powder. MDLAND~
News out this morning on AMIC's 3 year business plan. Look like they plan on acquiring a German company in the future. A lot of AMIC's new plan will require cash and stock which means either loans or dilution. The fact too, that everything is based on RadioGel approval is kind of scary. No RadioGel, no company profits. At least not in the near term. Let's see how the market responds to today's news. MDLAND~
Not necessarily price manipulation. That 200 share buy could have been part of a larger order or a GTC order. If for example, a large investor is interested in buying several million shares, depending on the type of order, purchasing of shares in small lots could go on for days or longer, every time the price hits a buyer's ask (or bid) price. MDLAND~
Hopefully that income to debt ratio is an aberration. With acquisitions via stock, cash, legal fees, etc;, the numbers look a lot different than last year. Again we do have more outstanding shares as a company, and some shares may be sold back to the market for generating cash, but I'm hoping this is our turn around year. If we keep building clientele, we can get a percentage of that multi billion dollar market for increased income or to attract potential buyers of the company. MDLAND~
I appreciate your input ireland25555. But are you saying only 9.84% of the A/S is for "us"? I'll have to check that filing. Hard to believe that, with a 12 cent stock trading in this narrow trading range, with this type of volume. One of your factors might be askew. I'll look at the numbers. MDLAND~
SS, I don't think that a buyout of RadioGel would bode well for AMIC. Without RadioGel, AMIC is left with a broken LINAC and projected isotope sales 12 to 24 months out. I hope AMIC is able to keep up with the licensing fee and whatever else is needed to keep the RadioGel contract with Battelle binding. MDLAND~
Not a lot of shares available for $.09, if you can get some, great. MMs have been trying to hold it at $.09, but float and buying pressure won't allow it. MDLAND~
I too think a buyout is possible. A key question though is, who does the RadioGel technology belong to? Battelle might have something to say about a buyout before it's all said and done. A couple key factors may also determine whether AMIC is bought or not. And, let's not forget, even though Jim and Kevin sound very optimistic when it comes to approval, it's not a done deal. But then again, if it was a done deal, the pps wouldn't be $.06 either. As I alluded to before, if financially stable, AMIC can try and 'go it alone', which is ideally, what they want to do. If financially vulnerable, AMIC may have to partner, give up some, or all of the company. Remember too, the BOD, in some cases, have millions of shares. If the offer looks too good to refuse, they may opt for the big payoff. Again though, two hurdles. Will RadioGel get approval? If so, who does the technology belong too? MDLAND~
Yeah sasind1, I took a beating. If I were looking to sell that is. No worries, down $1400 isn't cause for alarm in my portfolio, especially when my brokerage acct. can fluctuate $14,000 in one day, down or up. I focus on good investments and let the chips fall where they may. No one ever consistently picks at the bottom and consistently sells at the top. If they tell you that, they're lying.
If you look at the buy/sell chart today, you'll see that the buys far outweigh the sell, which means that it's only a matter of time.
Sasind1, If you're looking to get back to your purchase price of $.36, I can see why your post exudes frustration. For the rest of us, buy and hold, buy and hold. At around a dime a share, this is considered easy money. The only thing you'll have to worry about are capital gains tax. . MDLAND~
Looks like someone, or a few folks, sold about 300K shares this morning during the first three hours of the trading session. That hit the share price and brought us down to $.086. After that, we were pretty much flat the rest of the day. Those who were trying to make a play on the 10Q have, or will jump ship. The shaking of the weak hands will take place over the next week, but we should settle around $.10 to $.11. No worries, a 22% drop in price on volume of 730K is typical for a stock near a dime with a medium sized float. MDLAND~
According to the 10Q, there was money raised over the last year to help fund operations and possibly acquisitions. Some of those convertables, warrants and shares, unless restricted, may be selling back into the market for a quick profit. We will end up with a higher authorized share count, but still not an extreme amount. I like the fact that insiders own a percentage of the company too. I also like the direction the company is headed, their acquisition plans and their niche in the market for such a small company is impressive. Very little downside risk here with good potential for upside and growth. MDLAND~
SS ,buzierbee, longgj, madding,or whomever wants to chime in with an intelligent and/or provocative response......, Guys, how would one interpret this piece of information from today's 10Q/A? "We are reviewing possible acquisition candidates as a means of achieving our objective." Are we to assume that AMIC is looking to be an acquirer or an acquiree? As alluded to in one of my earlier posts, one of the reasons I got into AMIC is because of the possibility of a takeover. I'm sure other companies are watching and waiting to see what happens with RadioGel. As long as AMIC remains financially stable, they can possibly 'go it' alone. If finances start to dwindle, they might become vulnerable to whatever offer comes along. MDLAND~
Marymopes, you just made a fool of yourself with that last post. "To you read what you post?"
I'm going to have to add you to the Iggy list. Done! MDLAND~
They do have losses, but it looks like the company is headed in the right direction with plans to consolidate and acquire. I'll hold on for a while and see what happens.
The board was down this morning, I guess the ticker change threw things out of kilter. MDLAND~
SS, the reason I got into AMIC was for a possible buyout. Market cap is low, insiders own a lot of shares, technology is unique and at a cost average of $.06, there is very little down side risk. The issue for most here, is the waiting game with 'dead' money. .
Share price was down today even though there were more buys than sells. MMs are going to make a killing off of the weak hands if the share price goes up. I wonder if zippy is still out there? Hey zippy, this week might be a good time to jump back in, you actually made a good move if you're still interested in AMIC. I see the pps going to $.05, which is not good because that would put me in the red. My C.A. is around $.06.
Holding long for a possible takeover. MDLAND~
Buzierbee, and SS too, I had a chance to listen to the CC yesterday. And though I like what I hear, it looks like our revenue will be limited until early next year. ADMD is a great play, with the possibilities of RadioGel, but I already have way more shares than I initially intended to buy. With the possibility of "dead" money going into 1Q 2014, I've decided to either add to my existing penny portfolio with either more CTSO or open a position in ADTM. Still here, I just need another play.
I guess I just like the action and dynamic that the OTC market provides. MDLAND~
Thanks Buzierbee for the update, I just put in another order to buy a few more shares. I haven't had a chance to listen to the CC yet, but already I like the fact that a replay is available. That, in and of itself, is a step forward. I'll listen to the CC this afternoon. MDLAND~
I think that Monday's Call will greatly dictate the near term share price of ADMD. I have to admit that I wasn't exactly blown away by the most recent 10Q. Then again, my expectations weren't all that high to begin with. Jim is going to have to do some smooth talking to give investors reason to buy and hold on to ADMD. Interested to see what's going on with GSG, the Russian postponement, and our domestic alliances. And of course any RadioGel updates are always appreciated. Yes we may be over bought, and I think the Monday call, may be the tipping point. Any upward movement from Friday's close, would be impressive. MDLAND~