Just like that song "went to bed at 2 with a 10; woke up at 10 with a 2". I originally thought the bottom was $4, bought...then sold to take a quick loss on drop below $4. Thank goodness I missed this drop. So...now what? Could be a long recovery from here; not good when the bigboys start leaving town.
People want to buy as much as possible as cheap as possible...and I don't think these new buyers have any intention of selling anytime soon....all they want to do is buy more...
No matter what the results are..imho. They are greedy and want one more hard drop to cover; plan to buy with them and then do all your shopping at JCP for free as she rises from the ashes.
the pps will go back to $8 after earning release. I'm betting the shorts are planning a major drop at that time. I will buy after that and then wait on $8. Good plan???
"Management may obtain additional funds through the private sale of preferred stock or debt securities, public and private sales of common stock, funding from collaborative arrangements, and grants, if available, and believes that such financing will be sufficient to support planned operations through the second quarter of 2014. If sufficient capital cannot be raised by the end of the second quarter of 2014, the Company has plans to curtail operations by reducing discretionary spending and staffing levels, and attempting to operate by only pursuing activities for which it has external financial support, such additional NCI, NHI or other grant funding. However, there can be no assurance that such external financial support will be sufficient to maintain even limited operations or that the Company will be able to raise additional funds on acceptable terms, or at all. In such a case, the Company might be required to enter into unfavorable agreements or, if that is not possible, be unable to continue operations, and to the extent practicable, liquidate and/or file for bankruptcy
Warrants are 65 cents...you're right
Management got those millions of 40 cent shares. I've seen the PIPER short scams way too many times, but I'm now rolling the long dice on this also. Hope for FDA approval soon. Good luck to you.
Time to pump it up to get a new group of bagholders when the new pipers pump, then dump, then short scam....after all the 40 cent warrants get exercised naturally....FDA approval would be a perfect time to pull that off....Ok...I'm in..roll the dice..lol
And those revs appear to be grants only. Do they sell anything or will they be selling anything ever? Why the hype about this?? Is it a scam only to sucker in new bagholders???
Multi-Billion dollar industry with only the surface scratched. All AMSC needs is a small fraction of that. Everything else is just gravy. KD will eventually smile all the way to the bank with millions in profit. I'm jealous.