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Word is getting out about Lincoln Park Capital's track record.
Don't you understand "the game"?
The .10/share "purchase" was nothing more than an attempt to try to put the appearance that Lincoln Park Capital is indicating that they're willing to pay a minimum of .10/share.
Do you realize how many shares are "in play" at an average price of less than a nickle that have yet to be dumped on the market?
Gerald has now utilized all one billion shares. Without substantive news there is no upside here short term.
Just saying!!!
p.s. Take off the "blinders".
Note: If the "LymPro update" doesn't offer a defined timeline for revenues the share price will get hammered.
Now might be a good time for Gerald to update the market on LymPro.
Just saying!!!
If I understand today's news Gerald essentially handed over control of the company's ability to raise funds to an outside entity that can decide if and when they want to buy shares?
Is that a fair summary?
If Gerald says the company needs cash and the shares are worth .12 and Lincoln Park Capital says we'll pay you .08 who wins that discussion?
He who controls the purse strings is in control.
Just saying!!!
Increasing the number of authorized shares to two billion makes perfect sense now.
The other option is a reverse split a.s.a.p.
Just saying!!!
Would most people prefer a test that is 90% accurate in determining whether or not they'll develop Alzheimer's within three years or a test that informs them with 90% accuracy that they already have it?
Personally I'd prefer the three year advanced notice.
Interesting week ahead.
Just saying!!!
Unfortunately I think that Gerald's "street cred" is waning in lieu of the lack of any non-dilutive funding over the last sixteen months while the share count has skyrocketed to over 800,000,000 "in play" currently.
I think that in the short term that his LymPro "update" will have a very substantial impact on the share price. My range depending on the news is .04 to .15.
I have no idea at this time as to what Gerald will disclose but I know the reaction by the market will be very significant either to the upside or to the downside.
Best of luck to everyone. Interesting week ahead.
I bought a four function Bowmar calculator in 1973 for $250.00. Retailed for $499.00. I can now buy a calculator at the dollar store that has several additional functions.
Innovation does happen.
I also heard $300.
May be a few buyers on Monday. Or not.
Gerald tweeted on Thursday that he would update the market on LymPro "soon". It's interesting to note that he did this after the market discounted the news of a third orphan indication for MANF.
It's obvious that the market is tiring of the continued tremendous dilution. If the LymPro update doesn't contain some indication of the potential for near term revenue I fully expect the share price will retrace to the .05 range or lower.
There's still 85,000,000 shares at .04 from the eventual conversion of the debentures that creates a substantial roadblock to a higher price.
Gerald is running out of shares much faster than most shareholders thought would be the case.
I'm not suggesting that anyone sell. I am suggesting that there may be a much better price over the next 2-3 weeks for anyone wanting to average down.
Just saying!!!
If Gerald announces a 1 for 5 reverse split with no uplisting you'll get your "big price drop".
Below .03 would be likely.
Just saying!!!
Tomorrow.
Wait until it hits a nickle before the end of the month.
The situational approach to investing indicates that based on available information that a reasonable share price for AMBS is currently in the .05-.06 range.
Gerald is being force into a reverse split due to the fact that he's running out of shares. The other option is to increase the number of authorized shares to more than one billion. He's painted himself into a corner with his indication that the company will up-list this year. Assuming the share price can't get above .10 then it's likely that it will be a minimum of 1 for 60 or 70.
If I'm wrong then so be it.
Time will reveal all.
Imagine if with today's news and after the balloons, party favors, and cake have been bought for the party that it closes "RED".
Just saying!!!
I expect that under .06 by the end of the month is realistic. Nickle is possible.
The company supposebly had over a million dollars in cash on hand in January. Then they had to borrow $500,000 from Dominion two weeks ago.
How long do you think the $2.5M from the warrants will last?
1,000,000,000 shares soon?
Have a great day!!!
p.s. Best of luck holding on to your shares.
Surprise!!! Surprise!!! A third orphan indication for MANF. Who didn't know that was going to be announced?
Unfortunately I think the market is getting numb to these announcements in light of the continued substantial dilution and the company's inability to generate any non dilutive funding.
The market is more interested in how the company will generate cash as Gerald is reaching the one billion share mark sooner than expected.
I'm still expecting a reverse split in the 1 for 60 or higher range.
Interesting to see how many new bagholders buy on today's news not knowing what lies ahead.
Just saying!!!
p.s. The down trend will continue after any upside "blip" today.
All IMHO
So you saw my tweets to him.
Mission accomplished.
Just saying!!!
p.s. When are you planning to rebuy the shares you recently sold? I expect the share price will be closer to a nickle than a dime sooner than you think.
Don't worry about me. Before the end of the month I'll have access to more cheap shares than I can afford to buy.
Just saying!!!
p.s. I'm thinking a nickle on April 1 is doable. How appropriate would that be.
I don't think Napadano had any idea that the company would have almost one billion shares issued by now.
I have to believe he bought into Gerald's "non dilutive" funding scenario. I know others did.
Just saying!!!
p.s. Have a great day!!! Back in the a.m.
Over 800M share currently in play. Less than 200M left. 122M to 800M shares in less than a year.
Gerald is running out of runway.
Just saying!!!
p.s. To date I don't think Gerald has ever sold a share for more than 3 or 4 cents? Rather strange with all the talent associated with the company?
Support at .05?
.07 by Friday if there is no news.
Just saying!!!
p.s. 60/70 for 1 reverse split?
Friday's meeting with Stoj, Stallings, major "BONZ" shareholders, and Gunner's management and some of their shareholders may produce some activity in the stock in addition to actual gold being produced.
We shall see.
Diolution wasn't an issue when there were high expectations that the company might receive an up-front cash payment from a partnership with Becton Dickinson to market LymPro which would have eliminated a need for more dilution. When Gerald stated there would be no near term partnership on LymPro and with subsequent developments there will obviously not be any commercialization of LymPro until some time in 2015 it became obvious that dilution would continue.
Did anyone think prior to Gerald's "foot in the mouth" statement that the company would have all one billion shares "in play" by the third quarter of 2014? Although it hasn't happened yet I expect it to.
When speculating as to why sentiment changes please be aware of the timeline of relevant events.
Just saying!!!
Today's 7% drop isn't the problem. It's the 40-50% drop that may occur before the end of the month.
Just saying!!!
p.s. When is the annual report due?
122M to 800M shares in a year when making a concerted effort to minimize dilution. Why would you have any doubts?
Needing to borrow $500,000 from Dominion Capital to fund daily operations? Nothing to create doubt there.
85,000,000 shares from when the debentures convert at .04? Nothing to create doubt there.
Don't be a "doubting Thomas". Just use a little common sense.
Have a great day!!!
Wait until one billion shares are issued. It will be under a nickle by then.
Gerald views the retail investor as a means to an end.
Volatility is a good thing.
How does it feel to be a stepping stone?
Have a great day!!! I am.
Just saying!!!
p.s. Once you see the big picture you'll understand why just holding shares is a losing proposition.
Really no good reason to buy here.
The number of shares "in play" now is over 800,000,000. It's likely that the number of authorized shares will soon be increased to over one billion sooner than most expect.
It's also quite likely that a reverse split to up-list (if it happens) will be at a minimum of 1 for 50.
Anyone who thinks shorting ends with an up-listing is sadly mistaken. It actually becomes much easier to short a stock on a major exchange.
Just saying!!!
p.s. Even retail investors can short it then.
Imagine what would happen to the share price if the company did one of the following:
1. Increased the number of authorized shares to 2,000,000,000.
2. Announced a reverse split with no accompanying up listing.
The number of shares "in play" now is over 800M. Gerald is close to hitting the ceiling.
For those individuals that say it will never happen I'd ask them if they thought a year ago that there would be over 800M shares on the table at this point in time.
Have a great day!!!
Do you really believe that with the substantial dilution that continues to occur with expectations that Gerald eventually will use all one billion authorized shares prior to a reverse split that .0725 was the bottom?
Your comment, "broke the flipper's spirits", is rather humorous. It seems to me the flippers are the only ones making a profit here.
Best of luck to those with a "hold and hope" strategy. I hope they make a lot of money in the long run.
Since Gerald embarked on a strategy to minimize dilution to protect shareholder's value the share count has gone from 122M to over 800M. He should be applauded for his efforts. I would point out examples of non-dilutive funding that Gerald has been promoting over the last year but unfortunately there are none.
Just saying!!!
p.s. Until there is substantive news the share price will be volatile and the "flippers" will do just fine.
All IMHO
Why would I lie?
Filled Sell 125000 AMBS Limit 0.0915 -- -- 12:04:39 02/26/14
Filled Sell 10000 AMBS Limit 0.0915 -- -- 11:46:44 02/26/14
There were probably several individuals here that sold a million or more shares yesterday. Makes more sense to trade $AMBS than to just hold it.
Have to go.
Back in the a.m. expecting a better price.
Just saying!!!
I'd already sold them.
Sold my last 135,000 shares yesterday @ .0915. Imagine that. Even while on meds I managed to sell near the high of the day.
Sold a total of one million yesterday.
I'm doing just fine.
I'll buy back in below .075 just as I did with the one million I sold.
Have a good day!!!
Just saying!!!
p.s. Over 800,000,000 shares and climbing. You should be happy Gerald is making an effort to minimize dilution. Imagine how bad it would be if he wasn't.
You know this is going back below .075.
It's so obvious.
Just saying!!!
With no news I'm expecting .082.
Doesn't appear any interest in taking it above .09.
I'm still on the sidelines.
Three green days in a row might be a challenge.
News out soon.
Just saying!!!
It's only going to take one press release to bounce this 20-25% and start an up trend. I add a few hundred share on any dip below $6.40.
My average price is $6.21 currently.
Takeover at $15.00? :)
"Patience is a virtue."
With Gerald eventually using all one billion shares before a reverse split I have little doubt that the share price will be below .06 soon. When is the 10-K due to be filed?
If I'm wrong then so be it.
Just saying!!!
p.s. Jason Napadano stated two things that are relevant. He thinks a reverse split in the 1 for 50 range makes sense and the key support is in the .06 area.
Other than the fact that he has been wrong on several occasions in terms of stating that certain things were going to happen within specific time frames and they still haven't happened.
I'd type more but I'm at the airport in Geneva waiting on a flight to Berlin before heading back to Dubai.
Just saying!!!
p.s. Traveling across multiple time zones every week can be very demanding.
I'll consider re-buying after it goes back below .075.
Just saying!!!
No it doesn't.
Traders were playing today.
Expecting .073 by Friday if there is no news.
Just saying!!!
Based on the lack of major volume today and looking at the recent short percentages relative to the daily volume it I would suggest this is a short term bounce.
If I had shares here I'd be tempted to take some profits off the table.
"WatsonHelper" would probably agree.
Just saying!!!