look for amba to close somewhere between $55-$58 Wednesday. The stock is overpriced and profit taking will begin tomorrow. The current pps should actually be approx.$43. Just wait and watch it deflate and settle. Say All you want, it will happen.
thanks for the info. I am familiar with uso; however not too interested in that etf. But oas intrigues me. I think if we can find a bottom and I think it close to one. oas may be a good long term hold as oil should eventually rise in price again, when supply is limited.
I've been following this stock for some time. Can someone please tell me if this particular company's stock price follows the price of oil? And if so, and it looks like to me it follows it just comparing its chart to the price of crude. Why in fact does it follow it. Just researching the company, I don't understand why it does well when oil is high. It seems as if it should be opposite.