acmefirewoodis...(put something here)
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I don't need my ego stroked.
Hopefully I helped convince a few individuals not to buy at a substantially higher share price.
I think even you would agree that .07 is a much better entry price than .13 and that .05 will be a better entry price than .10 would have been.
If you don't like my comments I suggest you place me on ignore. I've always said this.
Best of luck in the market. I hope you do well.
p.s. I've received numerous private messages asking my opinion on various topics related to $AMBS. Unfortunately I am no longer a paid subscriber and I can't respond. I wasn't ignoring your questions.
It's unfortunate that all my posts were deleted on the other board where anyone reading the posts that were deemed acceptable was presented with a "warm milk and cookies" skewed view of reality.
They (the mods and the whales) shrugged off the additional one billion shares as being irrelevant and they also dismissed the fact that Lincoln Park Capital can buy shares for as low as four cents. Unfortunately they completely misread the market sentiment.
No one knows where the bottom is. I'm thinking it's in the nickel range.
There are now so many flippers involved and so many p.r.'s that have failed to move the share price combined with the tremendous dilution ahead and many shareholders who got burned on the last run to .198 that I think the days of 20-25% moves higher are going to be more difficult to occur.
It wouldn't surprise me to see the share price bottom in the nickel range and eventually have the share price move to the .08 range with a 1:50 reverse split and a move to the NASDAQ in the $4.00 range in 2Q2015.
If I knew for certain what was going to happen I certainly wouldn't be spending my time posting here.
Best of luck with $AMBS.
p.s. I still don't trust L.P.C.
You posted "I will always avoid saying a word that might affect the pps downward, cause that might hurt some people."
LOL!!! Especially yourself.
I've been posting it was going lower for almost two months. Anyone who listened to me saved themselves up to 50% in losses by not having bought while there have been others that have been posting what a great buying opportunity every drop in the share price presented.
I've done substantially more good by posting my beliefs than you have by keeping your mouth shut as the share price has fallen.
The degree of self-righteousness that you display in your posts is certainly not warranted based on your actions or lack there of. A mirror might be a good place to start to find someone who could use some insight as to moral obligations.
The chart is less relevant now that there is an additional one billion shares in the mix and L.P.C. can buy millions of shares for as low as four cents.
Dilution is and will continue to be a major concern for the shareholders and the market.
Less than a year ago this was trading at .038. Now there is almost four times more shares outstanding and another one billion shares to be concerned about.
The bottom will be substantially lower than the current share price.
All IMHO.
Don't expect to see the share price above a dime until next year.
Bottom in the .05-.06 range and hovers there until after L.P.C. makes a major purchase.
All IMHO.
Wait until L.P.C. buys before placing a bet.
L.P.C. wants to buy shares for a nickel or less. They have the ability to drive the share price down to that level before they make their first major buy which I expect will be in the $3,000,000 range some time in November.
I don't see any reason to buy prior to the share price hitting a bottom culminating with L.P.C. owning 60,000,000 shares.
There is no urgency to own this especially at the current high price.
Bottom in the .05-.06 range before the end of the year.
I'm still expecting the share price will bottom in the .055-.06 range before the end of the year.
Doesn't appear to be any enthusiasm to buy at the current price.
L.P.C. has a vested interest in a lower share price going forward.
Interesting months ahead.
p.s. One billion additional shares. Who really thought it would happen so soon?
Don't forget the reality of having another one billion shares added to the mix.
Gerald's propensity to dilute is well known.
Although L.P.C. can buy shares for as low as four cents I doubt if the share price will go back below a nickel unless there is an overall correction to the market.
Continued dilution is the norm for penny stocks and not the exception. Gerald is well aware of this. He was smart enough to have 153M shares approved for the 2014 Stock Plan to have shares available to more than offset the effect of future dilution on shares owned by members of management.
Stay tuned for news.
Below .06 by the end of the month.
The "whales" want to ignore the additional one billion shares but the market won't.
L.P.C. will be buying shares below a nickel.
Watch and learn.
p.s. Spending too much time getting peppered by the choir doesn't make the content of the song true.
I expect it to bottom in the .055 - .06 range.
Could go lower if L.P.C. wants to take it there.
They can buy at four cents.
Best of luck to you in the market. I hope you do well.
I can appreciate your trying to put on a positive front but I assume that you know the share price is headed lower after the LymPro data is released.
I suspect you were as surprised as anyone by the additional one billion shares.
Opportunity to buy cheaper shares very soon.
Interesting days ahead.
Good luck in the market. I hope you recoup all of your losses.
Will the share price in the .05-.06 range cool you off?
One billion additional shares and L.P.C. being able to buy shares for as low as four cents.
Too many flippers now trading $AMBS for any substantial move higher especially with the number of individuals already holding shares at a loss.
Interesting days ahead.
Stay tuned for news.
p.s. 153M shares for the 2014 Stock Plan?
Substantially oversold here.
Down over 20% is ridiculous. Will have funds available on Monday to buy a few shares.
Of course I do and it's substantially lower than the current price.
"May you live in interesting times."
p.s. One billion additional shares is a lot.
The rest of the year is plenty of time.
What world do you live in?
The stock market is based on predictions. I own one bio-tech stock that is currently trading at $1.50. Roth Capital has an $8.00 price target on the stock. The company has a market cap of about $51M with $36M in cash and a number of drugs in its pipeline. Is Roth lying if it doesn't go to $8.00? I don't think so.
When I posted that I wouldn't be surprised if the number of shares would be increased by 500M or more I was was told by a number of posters how stupid I was for suggesting such a thing and that I was just being negative and that there was no need for the additional shares and Gerald would never do such a thing. How did that work out?
If you really believe in the company then you should welcome a lower share price with the opportunity to buy cheaper shares.
When the LymPro data was delayed at the C4CT conference and I stated that the share price was going significantly lower anyone who was thinking about buying AMBS shares would have profited more from my advice than from listening to those that were saying to buy it when it was at .15 or higher.
As to what any of the "whales" are posting I assume that you believe they don't have an agenda. LOL!!!
As I said before anyone can be ignored including you.
p.s. I don't attribute "greatness" to anyone posting on any of these boards.
Anyone can predict what they think the share price will do.
You can buy, sell, or hold based on what you expect it to do and I will do the same.
I offer a reasonable explanation why I think it is headed 40% lower. If you chose to believe otherwise then that is your choice.
I actually don't care if it goes up or down next week. I expect it to go significantly lower and if it happens that's fine with me. If it goes higher that's fine also.
I have a plan in place for either situation. I hope you do also.
Have a great weekend and don't get too stressed out worrying about the coming drop in the share price.
Wouldn't surprise me if L.P.C.'s OS accounts are shorting this on any attempt for a move higher and will continue to do so and eventually drive the share price to below .06.
If I'm correct L.P.C. still has to buy $18M worth of shares at some point in time and their objective it to maximize the number of shares that they receive for their $18M. At .06/share they would receive 300M shares. At .10/share they would receive 180M shares. If I were them I'd prefer the additional 120M shares. They'll do whatever it takes to maximize their profit.
It's obvious why Gerald needed the additional one billion shares.
The share price is doing exactly as I thought it would leading up to the release of the LymPro data.
I have a very good idea as to what to expect next week and how the share price will react.
There are number of AMBS "whales" who aren't going to like what happens to the share price next week.
I never thought the share price could go below .06 again but I have reasonable expectation that it will happen.
As I stated before it wouldn't surprise me if L.P.C. is actually shorting shares through an affiliate knowing that they can potentially buy shares for as low as four cents to cover.
The additional one billion shares are there for a reason and it's not to prevent a hostile takeover.
Remember there were millions of shares bought above .10 that are now being held at a loss and the holders of those shares will sell into any upward movement on the share price in an attempt to minimize their losses.
Interesting week ahead.
p.s. I have a target price.
If the LymPro data is released next week and it falls below expectations I expect the share price will go below .06 and stay there through the end of the year.
If it wasn't for the wait and see on the LymPro data the share price would already be below .07.
The market isn't going to ignore the additional one billion shares. Gerald's inclination to dilute is well known and well demonstrated.
Reality is on the way.
.06 or .12 next week.
Unfortunately I expect .06.
We'll know soon enough.
The one thing I've learned with penny stocks is to never say never.
I expect the share price will go below .085 next week if not sooner.
We'll know soon enough.
I doubt if the share price will go back above .10 this year.
If you check the six month chart it appears that a move back towards .068 is likely.
http://finance.yahoo.com/q/bc?s=AMBS&t=6m&l=on&z=l&q=l&c=
Now that there is an additional one billion shares "in the mix" I think the share price could go below .06 depending on the LymPro data.
The market has given the share price a pass on the additional one billion shares as it waits to see the LymPro data. I expect that will change next week.
p.s. If I'm wrong everyone should be happy with a higher share price. If I'm right everyone should be happy for the opportunity to buy shares at a lower price. Everyone should be happy next week.
"Ambit Acquisition Bodes Well For Biolinerx, Says Roth Capital"
http://www.smarteranalyst.com/2014/09/29/ambit-acquisition-bodes-well-biolinerx-says-roth-capital/
Buy a few shares of $BLRX here. It's substantially undervalued.
The price is currently being supported by the expectation that the LymPro data will be known next week and that it will be positive.
If the data doesn't meet expectations then the share price will drop 30-40%.
That's just the way it is.
p.s. I have no control over the share price but I do know that the market has given the share price a pass so far on the additional one billion shares but that can change at any time.
The company currently has enough cash for a few more months of operations and then it will have to sell shares to Lincoln Park Capital. Those shares will be sold at the market price. The number of shares sold to L.P.C. will be determined by AMBS.
The smart move by L.P.C. would be to have a secondary affiliate short the stock to a lower price so that L.P.C. can maximize the number of shares it will receive for its investment dollars.
If "offshore affiliates" can drive up the price as many have speculated in the past then there's no reason to believe that they can't short it lower.
Interesting weeks and months ahead.
I can understand your anger.
It's not my fault the share price is where it is and now there's an additional one billion shares in the mix.
The situation certainly doesn't meet my definition of minimizing dilution and preserving shareholder's value.
Hopefully the LymPro numbers are very good.
Yawn if you must but don't fall asleep because you may need to sell before the share price drops 40% if the LymPro data isn't very good.
That's how the flippers such as Risk make money with AMBS.
Stay tuned for news.
I expect the share price will stay in the .10 range until the LymPro data is released. Depending on the S & S numbers I think the share price will go to .06 or .13.
Of course other news such as a grant or news of a development partnership for one of the orphan indications of MANF could move it higher at any time.
Stay tuned for news.
p.s. The anticipated LymPro data is what is supporting the share price currently. That is why it hasn't already gone to .07.
Current share price is an excellent entry point.
I'm expecting gold to end the year above $1,350.
Gold imports by both China and India are increasing. The dollar is overvalued and the stock market is due for a major correction.
Expecting GSS to end the year in the .65-.70 range or higher.
From the various reports regarding yesterday's shareholder's meeting it appears that Gerald did a great job of distracting the shareholders in attendance from the tremendous dilution which was being approved.
1,000,000,000 shares is a lot of shares.
No one appears to have asked one question about the 153M shares for the 2014 Stock Plan which is also substantially dilutive.
Gerald, the magician. Great job of misdirection.
The unknown is at what price will the u-turn take place and over what period of time.
We'll know very soon how the market will react to the additional one billion shares.
Interesting weeks ahead.
Read the posts I referenced. My sentiments changed with Gerald's blunders. The posts are there.
Some individuals were smart enough to realize what was going to happen to the share price. My predictions were fairly close to reality.
It's interesting how those individuals that failed to sell a portion of their position and take some money off the table primarily do to greed are the ones that resent others who did so.
Individuals that blame others for their failures especially when they caused them isn't a good way to move forward in life. They should learn from their mistakes and try not to repeat them.
.06 or .12 on Tuesday?
My prediction from more than a month ago.
Obviously I didn't have a clue about where the share price was headed.
When it hits .06 this week then you'll believe that the additional one billion shares are relevant. Or not.
Another post clearly intended to deceive every one.
The smart shareholders followed my advice and took some money off the table.
I was definitely being deceptive when I posted this post.
I never thought it would be two billion.
Unless Gerald has substantially good news to present at the shareholder's meeting on Monday I expect the share price will take a major hit assuming the additional one billion shares are approved.
I expect it will bottom in the .053 range before the end of the week.
Once again Gerald is back on the three yard line with 4th and goal and needing a touchdown to move ahead. Going into the C4CT conference he was in a similar position. At that time he fumbled and the shorts ran it back 97 yards for a touchdown.
Interesting week ahead.
All IMHO.
The share price was near .20 and headed higher when Gerald's blunders tanked it.
Now the additional one billion shares is going to tank it down to the .065 range unless there is substantial positive news to act as an offset. If you don't think it will happen then that is your choice.
We'll know next week if I was wrong or right.
I have no control over the market. I'm just along for the ride.
Have a great weekend!!!
I'll be back on Monday.
p.s. Headed to "Happy Hour" at El Toritos.