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Ive been warning for weeks. eom
You have been warned, repeatedly.
One more day to sell!
Up on less than 1/2 the volume of the previous day. Do NOT be long friday.
dp.
That little birdie is starting to scream "I'm going to close down for the day" and "Get out before friday".
dp.
It will keep up. IT GETS WORSE!
You have 2 more days to exit with at least some of your money.
That little birdie said, it gets worse today!
alsaco, you invest in this you lose.
winnotlose; If you are still in you are trapped and the theft is about complete.
btw, a little birdie told me that you better get what monies you have left out of this junk before friday. eom.
dp.
Game Over. Hope you fellas learned your lesson.
Shes falling like a rock.
You should have sold. Too late now.
Last chance to sell pre R/S shares.
Shes goin to .011. Thats the time to buy back in.
Because its gonna tank.
Better sell now.
Better sell after the opening bell. eom
If you havent sold, good luck getting out tomorrow.
Up in am, down or flat in pm. Will this ever end?
As usual, up in the AM down by PM.
Trading in dollars. Thats not even funny anymore. If the split were to happen today AMEP would be trading at 38 cents with 500M at there disposal. They may not sell all of those shares, but they will sell some. (i.e. Dilution) Given that 98% R/S lose more that 50% of there value post R/S, the probabilities are not in the longs favor.
"..... and importantly, along with being traded in dollars on a higher exchange, ie AMEX or NASDAQ, rather than the OTCBB in low pennies."
twistedfreak, you are wrong. Close .0125 by eod.
Notice the 2 day reversal and look for much lower prices after the R/S.
dp.
pseeker, I warned yesterday. Hopefully not too many fell for the trap.
Oh BTW, todays volume will exceed yesterdays volume making this a two day reversal. It only gets worse from here.
dp.
Told ya.
Yesterdays rise was on lower volume than the previous days decline. This is bearish. Expect futher declines in price.
dp.
Todays rise was on lower volume than the previous day. Expect lower prices by weeks end..
dp.
These declines on expanding volume doesnt bode well for the stock. Wish I could say I dont expect further declines. Imagine whats going to happen post R/S. Lets see, .0175*25 = .43. After that the decline continues to who knows where. Perhaps back to .02.
Hope I'm wrong but it sure looks like I'm right.
dp.
Now that the false bottom is officially breached, no telling how far down she goes. The fat lady may be singing.
dp.
Downside break of Descending triangle confirmed.
For all you chart lovers out there:
The pattern that has been developing over the last 3 weeks is called a descending triangle. It is a temporary pause in the primary trend which is down. It is characterized by lower highs, a flat bottom and diminishing volume.. This is a tricky pattern for the novice because they see the flat bottom as support which it definately isnt. You will also notice that right before the start of this three week period from about 6/10 to 7/1 there was a 50% drop is pps on greater than average volume. This is characteristic of what happens just before the start of a descending triangle. More often than not the pattern is resloved to the downside. IMO this pattern will be resolved shortly. (Next 2 weeks)
dp.
It appears a false bottom is occuring at ~.019. I say false because it is obvious. This implies that there is a high probability amep will be heading lower. Just one more reason to wait for confirmation that this severe downturn is at an end. For now expect lower lows.
dp.
R/S in 2 weeks. It is only post R/S, after a trend has been established can one decide with a high degree of probabilty whether or not to invest. Anything decision made before then is gambling and foolish and will probably prove costly.
dp.
Well then tech Good Luck, but it is my belief that we get increased volume with the price moving lower over the next 2 weeks probably starting tomorrow.
dp.
Tech, you should wait 2 weeks. The longs here including myself are doomed and we know it!
dp.
Has any shares traded today?
Ok, dont think it will to do any good but you can add mine to the count.
870,000
dp.
Just voted against. Opted for and received an electronic conformation. Also printed out my vote. I'm not happy with the way things have gone, but I'm ready to move forward.
dp.