I agree.. AMBS looking strong here.. it wasn't l
Post# of 30066
Posted On: 07/18/2014 11:46:30 AM
I agree.. AMBS looking strong here..
it wasn't long ago that .10 was resistance.. and now the support is well above that!
Most people that know AMBS know that it will trade higher on expectation and then sell off (when true value added PRs come out the market cap adjusts accordingly.. and the gains don't just evaporate)...
Part of the run up from .10 to .175 was obviously on "expectation".. new Lympro data (the kind we are going to get on the 31st) will be one of those events that adjust the market cap northward..
today's PR (including the new orphan indication) is another example of material information that justifies adding to the market cap (in other words.. I feel comfortable some of the gains we have made from .08 - .10 are now more solidified.
I personally can see the logic in Gerald's plan.. we are stair stepping.. and now have built a strong base (and a higher base) to launch from come July 31st..
In fact, what other info might be released to stoke the fire before the end of the month?
it wasn't long ago that .10 was resistance.. and now the support is well above that!
Most people that know AMBS know that it will trade higher on expectation and then sell off (when true value added PRs come out the market cap adjusts accordingly.. and the gains don't just evaporate)...
Part of the run up from .10 to .175 was obviously on "expectation".. new Lympro data (the kind we are going to get on the 31st) will be one of those events that adjust the market cap northward..
today's PR (including the new orphan indication) is another example of material information that justifies adding to the market cap (in other words.. I feel comfortable some of the gains we have made from .08 - .10 are now more solidified.
I personally can see the logic in Gerald's plan.. we are stair stepping.. and now have built a strong base (and a higher base) to launch from come July 31st..
In fact, what other info might be released to stoke the fire before the end of the month?
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