Armata Pharmaceuticals, Inc. (ARMP)

[RJ Trotts]

Quiet evening following the CC. No idea what to think right now about the stock. It did not pop in after hours trading, and the financial report had nothing to great to offer. We may not see a pop tomorrow, and could see some selling pressure following the CC. Not what I had hoped for. Twitter is not talking about it at all:

https://twitter.com/search?f=tweets&vertical=default&q=%24APHB

I was excited going into the afternoon trading when the bid got over $1. There is still plenty of room to recover, but it may take a few more days than I expected. I thought they would say something great in the CC. That did not occur. I want to see that bidder come back from May 5th trading, this one had over $1m bidding on it. Who was that bidder? Where did they go? Why did they want this stock?

That is what got my attention on this stock on May 5th. Some big boy wanted in, and took every share available at 1.20 area. That still has me scratching my head. That is not a small day trader, that was some real money behind this stock on that day. Why?

I am holding my shares, and will see how it trades tomorrow. I wanted 1.50 tomorrow, but per this CC, that will not happen IMO. This stock is oversold, however we will probably test the .90 area in the morning trading. However I expect a bounce back to a buck near the close.

No one expected the financials to be good, I was just hoping for something positive about drug testing to be announced in the CC. Oh well, we will wait for the next catalyst. One thing is certain after today's volume, the selling pressure is now off. Waiting for bargain hunters to start moving this stock up.

The bottom should be in at .90. Tomorrow probably test that early and bounce. Then we should see a few days of green closings! That is what I am hoping for. Best to all here, have a great evening.