Stock is game, in certain period of the time, MM can play the game (control the price) in whatever the way they prefer.
Here is an example of job well done by MM. biotech stock PTBI, fair value at least 5-6 ( based on cash, pipeline etc), but MM keep the price around $3 for months. Even few days ago, big boy bought million shares ( average volume is only 120k) stock could not move up much. after that, stock even down three days in a row to new low. The sell pressure was so real, a very good biotech trader; $heff, was sacred to sell his shares ( in $3.2, sold $3.0). yesterday, stock still showed no sign of th life ( I even bought at near low $ 2.83, just like today you can buy WYY at $1.41 ).
Then one day, that is today, it up 170%. !
WYY, smart money bought million shares near current price, HACK keep accumulating shares, company business keeps growing ... Based on the DD, WYY fair value should be much higher than current market value
However WYY stock price shows no sign of the life and today's close price $1.41
If by end of the year, WYY share price can up 100% ( $2.8), then I will say WYY, another example of MM " job well done"
Boring, guess most here agree , especially if you not actively trade.
Exciting, well, couple of hundred percent gain in couple of years. Not good enough to be excited?
Did I just say couple of hundred percent gain in couple of years? Well, we have more than one year of boring time, so maybe exciting time not far away?
BTW, couple of days ago sold 8K at $1.54 ( bought at $1.44), it took one second and one order to get job done. Today, buy back at ask price $1.45, It took about 5-8 min and exactly 21 orders to fill the 8K shares. This is the bonus of trading, no only have some fun and if lucky also make profits, but also got some feeling of the market.
My last post about AMMX. It is last reminder. I called it three times and they are all correct calls. This time I will say one thing, although it already up more than 100%, it could still be warm up stage.
The reason, even with down day like last Friday, after up 7 days , it not down but still up.
Because it has very good chance up another 100-300% from close price $.025.
Did I just say this is my last post about AMMX? Yes and no, I may come back for the REAL last post, if AMMX up another 500% or more ( in a month).
Glad someone can make money. If the $200 million news hit the market, 8 cents easy. $ .10-20 very likely. Having said that, I will only hold 1/3 for the CC.
That is why "off topic". Think this is good opportunity for people to make some extra cash.
AMMX will up at least another 50-100% ( from today's close price $0.019) before the CC.
That is the safe play. IMO
BTW, I did this "OT" couple of times here before, I believe all the calls worked out. Don't like extra cash? At least could have some fun. So far nothing happening here..
CEO back from Africa. Stock only up 60-70% from what I recommend .
This is 10 bagger stock. More and more outside US news indicated that 200
Million deal is locked.
Do some dd ( I-hub).
Some recommended AMMX last year around $0.013 and it up to $0.04 in two months.
Today AMMX traded at $0.012 and IMHO, this time it could go much much higher.
The reason, company now only valued around $2-3 million. It's core business revenue around $10 million and it is profitable. Fair value should be around $0.03-4.
The big catalyst is $200-300 million truck deal looks like finally close.
Do your own math and DD. (go to I-hub).
current price AMMX. $ 0.012.
Let's check back in a month.
CEO will be back from #$%$ and CC on April 21.
Today non-US news
#$%$: fleet renewal for a more competitive economy
By: | Keywords: #$%$ , company
French.china.org.cn | Updated 10-04-2015
"As part of the implementation of the fleet renewal system of public transport in #$%$, which began last January, the government has Niamey Thursday the signing of an agreement to purchase new vehicles.
The Convention on the operation was signed between the #$%$ian Minister of Transport, Saley Saidou and the Director General of the #$%$ian Society of banks (SONIBANK) Souley Oumarou, as part of a partnership between the two institutions. "
Forgot to mention, same article also said something like " profitability is long distant outcome"
WYY very much likely be profitable by bend of the year.
WYY stock down big because 4th Qr company lose money to keep growing business.
On the other hand
" during the company's fourth quarter, xxxx lost $105.7 million. And if the CEO had his way, he would continue to grow revenue at the expense of earnings, he explained to the ( wall street) Journal."
This company is wall street darling and Zacks favor ( with comments like right business, growing revenue etc etc)
Stock is FEYE, market Cap $5.6 Billion
Well, since this is a game, market always right.
He beleives they did what they need to do. Revenue is growing as shown from 4th Qr and it will keep growing..I got feeling 1st Qr ( revenue wise) will also be good .
It is nice to see AT&T work with WYY but why there is no news about it? Sounds like that is not a good question to ask and he explained a lot....I thought they already talked about it in the CC which is also public known info. They even mentioned more carriers will follow. Imagine we have news like WYY corporate with AT&T &....
"they would definitely be profitable if..."
Talked to CFO last week and he said something like " company can be profitable any time ...".
although it is too early for him to talk too much about CoD, he mentioned that 2nd Qr will see revenue from CoD, eventually more likely $3-5 per device.
I bought at $1.31 and posted here real time when WYY was traded at $1.30. Now when WYY up to $1.40 you claim also bought at $1.31. Interesting, good " job"? Same old same old.
BTW, remember my scary story accidentally sold 30K shares at $1.38? Well, you never know, 30K shares at $1.31two days ago and today 30K shares $1.37-$1.39, couple of days couple of thousand dollar profits, it turns out scary story not scary at all. LOL
Found the answer from the end of transcript; 1-2 months, for the third one. Maybe any time for others?
"How about if we tell you that we’re working with several handset manufacturers, you’re just talking about the third large one that has been a while in announcing it. We’re hopeful it could happen in a month or two, but we’re not in control ..."
"And now we have more than three direct handset manufacturer partnerships in place. Two of which I just mentioned and we still expect to formally announce other partnerships a bit later this year."
So " a bit later" days, weeks, months?
Also " more than three direct ...."
At least four?
Who invented " catch the falling golden knife" and never missed it?
Only useable right here WYY.