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I think today was the high until we hear real news

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Post# of 30066

(Total Views: 388)

Posted On: 12/15/2017 4:54:58 PM

Posted By: jamiejaytrader

Quote:
I think today was the high until we hear real news. As soon as all the traders start dumping their shares, it will drop pretty fast. But I expect it to stabilize and still hold a lot higher than we were a week ago.

Again, I just hope Gerald can come through with the tender exchange soon. The longer it takes, the more this will drop. If we go past Jan 10th with no news, it will go back to 3 cents eventually- might take a month, but I do think it will drop to that level again without news. So hopefully Gerald was waiting for the share price to rise and will get the rest of the financing soon- the sooner the better.

its also still possible that we might get a few more PR's before the 10th of january before he drops the big news.

I'm sure GC has his roadmap for PR's planned out to keep the momentum going.

I'm hoping we can achieve 20 or 30 cents before we get the tender exchange completed and then i expect a huge jump.

So far its looking very good, faster then i thought the pps would recover, so i'm very pleased with the pps performance so far.

Keep in mind that today was the highest volume day by far this whole last year and all those trades today was between 7.6 - 13.4 cents.

And most small time traders probably already sold when this went up from 2 cents to 4 cents (traders that do no real DD most likely).

People that have bought today, new investors and possibly older investors averaging down will not sell there shares so easily knowing what the pipeline is worth (if they did their homework that is).

We are still extremely undervalued today at 11.4 cents with a market cap of only 13.68 million (11.4 cents x 120 million outstanding shares).
With a normal valution the market cap used to be worth $160 million!

Normal valuation would be wayyyy over a dollar here.

And it will come again if AMBS management keeps on executing as they plan on doing (and so far have been doing).

I'm feeling great guys! Lets enjoy our recovery so far!
I believe we will go much much higher from here (because jedi master Yoda said so!)