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Agreed. Good post.
Hello JP. I started DD on this when it was posting 52 week highs. I haven't finished all the research I want to do but I was satisfied enough to get decent position on Wednesday and Thursday of last week as I suspected MYEC was getting close to a bottom.
At any rate, I think you'll like what you see here. The business model is simple to understand and disruptive to a major market. The potential for exponential growth is quite real. After a certain biotech that we know this is now my highest holding.
Good day to pick up those 600k. Looks like the rest may have to wait til later. Still, not bad at all.
Auntie Wynn, I like your style. I went about halfway in today after doing my DD when this hit .08 and got on my radar. It seemed to me the mm's were doing a heavy shake today. They may have a bit more in them, so I've got some powder left. But for me the thing I look for is a solid business model in a possibly huge market. I don't mind short term risk much at all, and don't mind long term risk too much either, as long as there are signs of an honest business and potential to dominate a key market. I think MYEC has great potential so I'm trying to find an honest entry point to wait for the payday. For me, it seems like today was a good time to enter. We'll see what the next few days hold. I'm excited and not nervous in the slightest.
Silicon Valley and SFO area are booming. Gov. Brown is pretty flaky but he runs a tight ship. 2.4 billion surplus in 2013 and well over 5 billion in 2014 is expected. But it is hard to shake the image of the housing bust from 2008-2011. Central Valley is still hurting.
At any rate, the budget hounds are still out and if CA can find a dime or two, they'll take it. Go MYEC.
Great post. I am reading the situation in much the same way. I have powder available in case we go to the last stop. High reward, relatively low risk scenario imo.
Agree. Very similar pattern to the issue you reference and I'm guessing we'll see a similar bounce. We may not be at the bottom today. I decided to enter today, though, in case we are. I really like what I see with MYEC. The business model is simple, profound and potentially really, really lucrative.
Those were bought throughout the day and just posted at the end of the day by the mm's. There are a variety of possible reasons why they weren't posted as part of the trading day and we'll likely never know why.
T-trades are pretty murky and can mean just about anything. Here's a pretty good explanation. http://incrediblepennystocks.wordpress.com/
After months of due diligence, there are a few poorly publicized uses for a T Trade. The most important factor here is that the only requirement of market makers by FINRA is that they must report all trades in a day. They are not required to do so when the actual trade occurs.
To avoid creating “an unbalanced market”, market makers often do not report certain trades during the day to the public and then use a T Trade not to “scare” investors into thinking a market for that stock is going in one direction or the other at the spurring of one large investor.
If a market maker wants to accumulate a large amount of a stock in one trading day, that market maker may actually not report any of the trades that occurred until the trading day has ended so as not to alert the market to the collection. This practice is completely legal under the FINRA rules of the OTC Markets so long as the trade is reported at the end of the day.
To execute a Market on Close” order, a market maker may have an order to purchase the stock at a certain price at the end of the trading day. This is the most unlikely scenario because it needs to be assured that someone selling the stock and someone buying that stock are agreeing upon a price. Simply put, this is more likely with insider buying and selling.
The T Trade that the public sees is nothing more than one or all of the above scenarios. The T Trade reported at the end of the day can be from one market maker or many involved market makers. It can be a single purchase price but is usually an average of all of the previously unreported purchases from that business day.
Transcript of CC is making the rounds. Smart money wants to get some of these cheap shares.
Salexander, thanks for your questions. Phenoguard is another iron in the fire that has dramatic potential.
Chalk up another half of a tweet for fibonacci:
fibonacci ?@fibonacci1170 Jan 24
$AMBS On Watch: $JNJ may acquire LymPro if current+CLIA trials show good (90%+) specificty/sensitivity. BD will just help $AMBS with CLIA.
Agreed. Great job Risk! We got some great details regarding Lympro Clia.
And now David Lowe on MANF for Diabetes and Wolfram's is good color. I am a huge fan of Dr. Lowe. When GC landed him it was the big moment. IMO
My main concern regarding dilution is that we would be forced to use the total 1 billion amount before we got into the dollar range for pps. I would very much like to see us use our remaining 200,000,000 shares for raising funds well above $1 per share. With Lympro revenue, JV's and other funds that are likely to come our way we could still use the funds to purchase new opportunities or generally bolster overall value. I would hate to see us have to chip away at that share count while still in survival mode.
So the 10-k, for me, was very good news. I believe we will see dollar land without a RS. Uplisting will take care of itself simply by following the plan.
Very much looking forward to the next 12 months.
All imo.
I'm checking out for the weekend. It's Friday. But Sunday is coming. (And Monday, too).
Peace.
Exactly. Why I lean in the 'In over his head' camp. There is so much we don't know, and perhaps won't know. But the signs point to AMBS coming to a point of maturity where the pros needed to be called in. Hopefully this is a sign of better and bigger things to come.
Getting systems and personnel aligned correctly is essential for the next 12 months. We cannot fly by the seat of our pants moving forward. I think we all agree that we would like to see them get this right.
Loco. Here's how I broke it down when thinking about this last week:
1. Something really good and big is brewing. (Possible, but unlikely)
2. Basic Incompetence on everyone's part. (Possible, but unlikely)
3. Someone in particular really messed something up and now everyone is scrambling to fix his/her stupidity. By the way, why was a new CFO brought in? (Highly probable)
4. GC and the gang are letting cronies load up. (Highly improbable. From DD on GC and JC's character they would rather die than do something dishonorable in this nature.)
Thanks, Sol. I genuinely hope you're right.
Tx. We're all good :) On a day like today I should know better than to go for understated.
Tanis.
For f*** sake. I talked to Aimee. It went like this to the best of my recollection...
A:"Hello"
Me: Hi my name is .... 10k etc. ??
A: "I can't tell you because it would be unfair."
Me: I completely understand. I know you guys are having a rough day. All the best.
A: "What I can say is that they are all working very hard on it and that it will be out in the very near future."
Me: Thanks. I really appreciate it.
A: "Please call us anytime you have questions."
Her tone was exasperated, in my opinion. I've had a number of previous conversations with Aimee including on days when AMBS was down 10%. She's always had a sunny telephone disposition. She did not have such a tone today.
She said that she couldn't comment b/c it would be unfair to let one person know exactly when it was coming before others. Then she said that they were working on it and that it would be coming in the very near future.
By 'awful' I mean that she didn't introduce herself or Amarantus when answering as she normally does. "Hello." That's all. I've talked to her on very down days before and she has always been cheerful in tone. Today she sounded like she very much did not want to be on the phone. That should be enough.
I used the word 'disappointed' to register the idea of not leaving AMBS as a place to invest. I hope the board takes this pretty seriously. Since I don't know the circumstances I won't be agitating for GC to get the can. For all I know it's Mr. Faerber that's been gumming things up and GC has been doing excellent work getting around an entrenched stakeholder. The truth is there's a lot I (we) don't know. Actions speak louder than words. This says we're still not ready for the big time.
I talked to Aimee a little while ago and she sounded awful, to say the least. Can't comment other than to say it's coming very soon and they are working on it.
When they filed for an extension I began planning for the probability that it wouldn't be on time. As of now I'm thoroughly of a mind that it is, indeed, late. I've wrapped my mind around my disappointment (I am disappointed) but I've positioned myself so that I have dry powder for the inevitable sell off over the next few days. I hope to have a lot more shares in a few weeks than I did two weeks ago.
Short story for me: am I disappointed? Yes. Do I believe in the science and the management team? Yes. I believe this will become a huge success and still has the possibility of being once in a lifetime, so I'm going to act accordingly.
(If it turns out they've filed on time - well then, heck, I'm good to go! )
Jason Napodano may have a new article up at Seeking Alpha. I'm not a paying customer so I can't tell if he's got a bad link or if it's a 'Pro' article.
For me this is, by far, the more interesting tweet. AMBS may or may not be negotiating with a major partner on Diabetes and I doubt that anyone except true insiders know if/when etc. There may be rumors floating but more often than not rumors don't materialize.
Data is a much firmer reality. You don't have data one day and not the next.
And suddenly, Poof! Nothing for 25 minutes.
Great post Blackhawks! LOL Sutcliffe, Gracie, Sandberg, Davis. Those were the glory days.
You are correct on both counts. I received the email and just posted.
veets,
Yes. The phrase GC keeps using over and over again is, "World Class Company." This is why I'm here. Lympro update is just a small stepping stone. The big stuff, real deal is on the way.
Hello Doc, feeling very good today, for sure. Thanks for the heads up last evening. From your posts I was able to follow you on Twitter.
All the best.
I thought this paragraph from Dr. Lowe's interview might just have ben the most curious.
DL: Absolutely. The cell cycle hypothesis of Alzheimer's disease is an exciting, breaking story. Some key investigators—one being David Holtzman at Washington University School of Medicine in St. Louis—are digging into this. It's slow to be accepted because it breaks the dogma that neurons are essentially postmitotic (no longer capable of producing two new nuclei in cell division). But we think something is going on in this respect. The phenomenon is reflected in the peripheral blood lymphocyte population, which may be a surrogate for neuronal activity. The LymPro test is based on this.
Was able to add today below .07. And with David Lowe's interview I'm feeling really, really good about it. Go AMBS all stars.
Though I do my homework I am not the best at crunching numbers or building models, but I have had dozens of conversations with people who are widely considered visionaries. They don't think and act the way the rest of us do. AMBS is showing all the marks of visionary science and leadership. I'm in as much as I can go and adding whenever I am able. Someday maybe I'll get a chance to join the ranks.
Fair enough. One of the places I invested last year was with BGMD and I wound up down about 60% and lost all confidence in management. I cut my losses and got in RNN around .30 and sold a short while later for nearly 300% return and made up my losses plus a little bit. I have no idea where BGMD is today and if I'd be better off if I had just stayed. The main thing was I just got sick of BGMD and needed to make a decision.
In all seriousness, best of luck. Regards.
If you're this easily unhinged you might consider investing in less volatile arenas. All the best.
LOL. If I could own all of MANF right now I'd be a happy, happy man.
Good. I can make more money buying at this level. The most fundamental idea in investing is to find a relatively safe and lucrative proposition that almost no one believes in. AMBS is substantially de-risked right now through funding, low valuation, and diverse pipeline. Following my convictions and trusting my homework has been very good to me so far. I will continue on this path, thank you very much.
Risk, Great post! I've made my peace with the idea that AMBS is likely to go Lympro alone quite a while ago. Of course, a great deal with a JV will make everyone happy. But from everything I have been able to research regarding Lympro I think AMBS sees it as a major home run with massive earnings potential. And diagnostics are substantially easier to bring to market than therapeutics. My sense is they are actively finding investors needed to run with it and then try to get fair deals with some more room for partnering through MANF orphans and Eltoprozine.
The funding from LPC made me think this scenario was likely. Going to Cavendish cements my thoughts on this. AMBS is seeking and able to get entrance to elite wealth. There is big money involved at Cavendish and more importantly, the type of people who can and do go in with their convictions. This is not like JP Morgan or Fidelity where the bottom line can get people fired if they make a bad bet. Visionaries bet on visionaries.
The main thing is that if AMBS can score big with Lympro on their own then they can afford to control a lot more of MANF and Phenoguard.
I am waiting patiently to see how this unfolds. Go AMBS!