To my young friend mitschkenator: what are you so upset about? You're holding a miracle stock and it's going down? I'm actually at a loss of let's say about $5,600.00 and I'm not freaking out. Unfortunately, today we live in a binary world where there are only options to take a side. Good/bad; long/short; pumpers/bashers. Well, you know what I mean. So try seeing me in a different light: just someone who is not as enamored as you with this particular stock.
I didn't sell yet. Waiting for the lock up period to end and expect some bs news to spike the stock higher so those three investors can make some money. If AEMD doesn't come thru and these investors are hanging like bag-holders, no one will ever give them money again.
I understand, however, I look at price action and volume. However, if you want an answer to your question, I'll make one up. Bill Gates gets on the phone and issues an order.
Unlike many of you who are long term investors, I am a trader. It doesn't suit my personality to say "whoopee" now I have a chance to buy more. Sitting on 40,000 shares at .41 I am down thousands. I'm firmly convinced that AEMD ran with the ebola story and really has nothing left to propel the stock forward. No blame on anyone, Adam, shorts, bashers, etc., just my mistake thinking I was going to make some bucks. It won 't be the last time I get hooked on a penny stock with a "story."
but then again, it appears the upside potential is too. Based upon price action and volume, nobody is buying the HP story and I'm a long at least until I recoup some of my losses.
Great question....granted emergency use if requested and I haven't seen any articles indicating that anyone has asked for the HP.
In 2004 I wrote a book entitled "Fascists in Christian Clothing," self published in 2005. My sister hated it because she said the first 10 pages frightened her and couldn't read any more. For example, on page 2, I wrote: "Accordingly we dispatched a group of 200 hundred martyrs. In medieval times, an invading army, to aid their conquest would hoist over a walled city soldiers infected with the plague. We have done the same. May Allah grant martyrdom to our infected missionaries."
Once again bought into my own bullsheet and got caught. It happens. Bought 40,000 shares at .41 and didn't sell on the run to .62. Told myself a million times to take the money and run but didn't. Bought the nonsense about game changer, put big pharma out of business, etc. etc. AND NOW, I AM AN OFFICIAL BAGHOLDER.
I realize that the announcement of Hep-C results are imminent, however, it has long been rumored, whispered and written that the results are excellent. This to me explains the elevated price and IS already baked into the stock price. However, the volume is truly spectacular compared to the other ebola type stocks out there which have seen a fall off in volume. The goal (based on research) of the U.S. is to have 50 bio-containment centers in the United States, which presents a problem for hospitals since protocol mandates that they shut down e.r. services. In addition, each bio-containment unit must be within 8 hours from any corner in each state. I think that the elevated volume represents AEMD's participation with the US in setting up those bio-containment centers in supplying the Hemopurifier and support. Hence, the equity offering. I expect to see Hep-C results and contract with government in pursuit of these goals. Just a thought.....
Sentiment: Strong Buy
To be exact that order had the following exact notation on my platform:
ExtHoursOOS, Prior Ref (OOS means Out of Sequence)
Resonates very well. I am truly mixed about this thing. Yesterday's offering is a non event to me so I'm watching and waiting. I have 40K shares @.41. I'm up 5K and really excited. Just being cautious. Lost 300K during the great recession and learned a big lesson about risk.
Go to AEMD's web-site and click on "special publications." It is a lengthy publication explaining ebola and other diseases and the benefits of HemoPurifier. Here's the problem: it is dated 2007 and so with this new "ebola" story, once again the HemoPurifier is resurrected. Been kicking around for the last 8 years and still a sub-dollar stock.
I am a MOMO trader and I have some time on my hands so contrary to what I normally do, I did a little research into AEMD of which I have a position. Got in at .41 if that's important. Went to their web-site, googled stuff and read. My take away is that the company is not touting themselves as a cure all as most want to believe. Seems they're saying our products help in recovery where blood is cleansed. They do have a Japanese competitor, however, AEMD,as expected, claims its product is better. My gut tells me that there is a lot of boot-strapping going on with AEMD and ebola and they don't have a problem letting anyone run with a story that they have a miracle product. Factually, all their studies are a little sketchy and small in the number of people tested (see India). Clearly, this stock is in play based on volume and price action, with both bulls and bears lining up awaiting the results of upcoming tests. We'll see, but being risk averse and up $5000, I think I'll take my money without taking a stance of whether AEMD is a good or bad investment.
I enjoyed reading many of the posts on this board. Well written and informative. Unfortunately, the schmucks have arrived. I'm outta here.
Sentiment: Strong Buy