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opening at 35 ruined my hammer, but i called it nonetheless!
It says on the FDA website the average time from receipt to decision is 148 days. That puts AMIC right at this spot this week. Maybe news on thursday!
I think tomorrow is a hammer candle. I see this down testing the 50ma and then closing at 41
If we close red today, we test the 50ma tomorrow...
sadly i think we finish 41 today. Not sure what caused the panic today but good news is imminent
i hope so, my charts say we could be stuck in the 4s today without news :(
Is everyone forgetting the massive bounce off 46 up to 56? And then it couldnt get below 48 the rest of the day. Support here is solid, and news is coming. Selling now would be moronic
News update and 10-Q will be out at some point today, its still early in Washington. Im surprised there are so many impatient sellers right now
Will the 10-Q filed friday reflect the recent changes if the period ended march 31? Should we be expecting a separate filing to update the SS and recent moves? Maybe an 8k? Bueller?
Will the 10-Q filed friday reflect the recent changes if the period ended march 31? Should we be expecting a separate filing to update the SS and recent moves?
Agreed, I think friday will be the update. Tomorrows another day of 56s-6, then fridays news will take us over the weekly 50ma !!
Everyone who knows anyone who ever had cancer should see that documentary
Not to mention the acc/dis is over 1.4B right now
Current Scottrade numbers have 1.84B shares outstanding, 1.7B float. Well see how this changes with the update, but I would expect these numbers to drop so theres definitely less than 2B !
I think we close above 55 today and above 6s EOW, even with no news. Next week i expect the bomb to drop and we say hello to silver!
Day after day after day of solid support growth! This chart is getting stronger than ever, acc/dis is inching toward the entire A/S. Volume returning as people want in because they realize the scare tactics aren't working and theres a good reason people are holding. I don't expect FDA news until next week, but I wouldn't be surprised if AMIC gave us an update midweek which will hopefully send this though the next resistance in the .006s. ...not to mention the GOLDEN CROSS approaching!
I think the product itself has been approved and we are simply waiting for AMIC as a company to be squared away, given the 120 day response time and the form4 from April 30th. I believe part of the approval process is making sure the company has its ducks in a row because the FDA won't allow a company with holes in it to begin nationwide marketing/distribution of an approved product. I would not be surprised if they have already secured financing and if the 8k (filed the day after that form4 eh?) is the last piece of the puzzle, I expect the bomb to drop before the 19th.
I agree, I'm not expecting news until the 14th-19th based on the 8k, but if we can make it to .01 by then this will go nuts when the news drops
Any idea as to how long it will take the filings to go through for this to come off the grey market? 30days? 3 mo?
real nice pennant forming, today looks like the tip/squeeze up!
close 5s tomorrow, and low 6s friday still below the weekly ma before we test penny land next week
i just hope no one panics with the drop, could see as low as 42-44 based on 15min/100ma which is exactly how the price bounced yesterday
todays trading looks like a repeat of yesterday, only the candle couldn't dip as low and we finish green instead of even
“By filing the de novo submission, the Company is seeking reclassification of the product to Class II. The FDA has 120 days in which to make a decision, though the period will be extended for any time AMIC requires to respond to FDA requests for additional information. If the de novo submission is granted, the device may be immediately marketed in the United States, though the Company would have to secure funding and commercial arrangements before marketing could commence. If the de novo submission is declined, the Company will explore steps toward seeking approval for the device as a Class III medical device. Generally, the time period and cost of seeking approval as a Class III medical device is materially greater than the time period and cost of seeking approval as a Class II medical device.
The Company's ability to pursue regulatory approvals and ultimately to commercialize this device, or its other products, is dependent upon the Company's securing additional funding. The recent decline in the Company's share price, the FDA's rejection of the Company's request for marketing clearance through the 510(k) process for the Y-90 RadioGel(TM) device, a reduction of the Company's level of activities arising from a lack of funds, the Company's outstanding debt, payables and conversion features of its debt have made it more difficult for the Company to secure capital. Nonetheless, the Company continues its efforts to address the foregoing weaknesses, to seek capital and to reduce its debt and payables.”
12/23/14
Hmmm I heard somewhere that AMIC has been doing things that sound just like this. Maybe they’re setting themselves up for a big flop
finishing the day like this literally makes me lol at whoever sold 36s
hasn't dropped below the 15min 100ma, nor the daily 200ma. Low volume, no news = this is a pretty typical pullback. Id expect to see 4s eod
big wall trying to force this down eod
i bet close .0062-.0065
i hope approval news comes on tuesday, id like to see another day of buying/acc before the big rush to really send this sky high
i think even without FDA news monday this still closes at .0065
Cant send private msg, free account, but get back to me
HDSI doing fine, just slow and steady. As long as the 50ma keeps holding this should be out of the trips next week when news comes
Agreed, when financials come out in June this will be at least .25
...you were saying something about this going back to .003? It'll hit .03 before that happens bud
if this closes over the 200ma you can say goodbye to that gap
are you people blind? worrying about the gap from .003-0034? THAT GAP WAS FILLED OVER THE LAST 4 DAYS. this is going nowhere but UP!
Wow this whole scenario just keeps getting better and better!
with FDA approval this is going to be sky high in july. Q2 financials end of june will be so much better, this run won't stop
Wrong. Float is smaller and held tight. This will see .08 minimum, thats still not even pushing a 200mil mkt cap
does the 8-k mean they are done converting shares?