Adamis Pharmaceuticals Corp (ADMP)

[dude iligence]

Management has a taste for the free easy money 4-5 mil shares may not seem like much but that is a 20-25% increase in the float. Dilution makes it easy for crappy management to keep screwing up. Look for more of the same. Risk vs Reward is not looking as favorable as it was when the float was 15 mil now 19mil soon to be 24mil. Substantial increases in the number of fish swimming in the river. Explosive rallies that could have been will be lack luster at best more likely the chart will start to look like a dilution shxxslide. Up until now the play was anticipation of FDA approval. Now the play is what happens if they don't get FDA approval? If they don't ADMP will Tank really really hard. Look what it did today. It will bounce a little but the nasty gap down trapped a lot of people that bought in the mid $4s that will bail if they get green. Management just turned a support level that has been building into a big resistance level. What a bunch of Fing morons