acmefirewoodis...(put something here)
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Naked shorts need millions of shares. Back to .06-.08 by Friday.
Add a few shares on the dips.
GLTA
.08-.10 by 12/22 is reasonable. Possibly a bit higher as the naked shorts need to cover millions of shares.
This traded almost a 100,000,000 shares over the previous four sessions.
Expecting a nice gap-up tomorrow from today's close.
GLTA
This could easily go back to the .06-.08 range over the next few trading sessions.
Interesting days ahead.
The following Seeking Alpha article should create additional interest in Amarantus. Approximately 35% of the article was about the company and its potential:
http://seekingalpha.com/article/1042461-acadia-hits-home-run-in-phase-iii-trial-and-brings-market-focus-to-parkinson-s?source=yahoo
New Seeking Alpha Article. 35% of the article discussed Amarantus. Great overview of the potential that Amarantus offers.
http://seekingalpha.com/article/1042461-acadia-hits-home-run-in-phase-3-trial-and-brings-market-focus-to-parkinson-s?source=yahoo
One thing the article didn't mention:
Amarantus BioSciences Wins MANF Patent Challenge in Europe
http://finance.yahoo.com/news/amarantus-biosciences-wins-manf-patent-145000652.html
I spoke with the company's I.R. department and told "Remy" they should issue a press release regarding the high trading volume and dropping share price and was essentially "blown off".
It appears they had something in the works and couldn't or wouldn't comment on it.
It's about time the company issued a statement:
"The Company believes that its fundamentals remain strong and is looking forward to continuing to update the marketplace regarding developments on an ongoing basis. The Company has not entered into any financing transactions that would cause shareholder dilution since the Company's 10Q was reported on November 19th, 2012. The Company has not sold any shares into the marketplace. None of the officers or directors of the Company have sold any shares into the marketplace. The officers and directors of the corporation continue to believe in the Company and its fundamentals."
Hopefully no one sold shares at a substantial loss.
The share price is simply retracing back to where it was before the recent news. The company now has an additional 750,000,000 shares to sell.
I spoke to the company and was told by Remy (?) in the I.R. department that the company had no control over what the market was doing.
Call and ask him yourself.
This is headed back to where it was a few weeks ago. The company now has an additional 750,000,000 shares to sell.
I may buy a few shares at .005.
Glad I didn't buy at the open today.
Checkout Rainbow Coral Corporation. I wonder if they can convert the loan into shares at a 50% discount to the market?
Very Merry Christmas!!!
Here are my probabilities and associated stock prices of BONZ
on Dec 25, 2012
Less than .022 : 1%
.022 - .024 : 3%
.025 - .027 : 4%
.028 - .030 : 5%
.030 - .035 : 17%
.036 - .050 : 20%
.051 - .065 : 20%
.066 - .10 : 30%
Good luck to all the "BONZ" faithful both old and new.
p.s. Numbers can be very interesting.
Expect the share price to take a hit when the number of authorized shares increases 60% to 550,000,000 on 12/20.
Back to the $1.80 range is possible.
November short volume:
http://otcshortreport.com/BONZ
It's obvious what some of the negative poster's agenda is.
You would think that if the company is in full production as opposed to the calibration stage that they would issue a press release stating that such is the case.
There has been several comments on the board that the production equipment pictured is not the Alaskan-25 series but a smaller unit. The company could easily clarify this with a press release.
Penny stocks tend not to do well when there is no news. I'm surprised that the share price hasn't taken a bigger hit since the company missed its original date to start gold production and has failed to provide an update to the shareholders and the market other than through a few pictures and a second rate video.
It's my experience that penny gold mining stock thrive on news and wither with the lack of news.
I don't think I'm the only shareholder with more than a few shares that has this view.
Good luck to all the "BONZ" faithful both old and new.
Setting a limit sell order does nothing. You have to actually call your broker and instruct them not to allow your shares to be loaned.
Very impressive assessment of the opportunity that owning/buying the stock offers.
As I stated in another post the downside here is a little over two cents and the upside is reasonably unlimited.
Thanks for the insight(s).
p.s. I suggest you repost this post in a day or two as it might offer some value to anyone considering investing a few dollars in the stock.
As of right now the downside risk is just over two cents per share. The upside potential is many times that.
It's a two cent stock with unlimited (within reason) potential.
Never invest more money in any stock than you can afford to lose. I just happen to think that this one has some upside to it.
If you don't agree then don't buy it here.
After additional research I have concluded that at the current share price my risk/reward analysis indicates this is a buy and will act accordingly at the open on Monday.
Limited downside with unlimited (within reason) upside.
Keep promoting the company. You may be on to something here.
p.s. Every board needs a company "champion". :)
I can afford to be off by a week or two.
The goal line hasn't moved.
Good luck to all the "BONZ" faithful both old and new.
It appears to have some degree of support here. I'm surprised that management has been silent about the substantial increase in volume and the volatility.
I called the company today and got some positive answers to a number of questions. In regards to the volume and volatility I was essentially told that they have no control over the market forces.
I may buy a few shares on Monday if it starts moving higher.
GLTY
It's unfortunate that individuals such as yourself may have actually influenced others to buy. How sad is that.
Below .01 next week.
I may buy a few shares next week when it goes below .01 but probably not.
The "Three Amigos" now have another 750,000,000 shares that they can use to dilute the share price much more and cover those millions in losses.
It will be below .01 by Tuesday.
750,000,000 new shares to be dumped and the "Three Amigos" will do it.
Buy order at .005? No way. Pump and dump continues. IMHO.
The "Three Amigos", as I like to refer to the company's team of employees, now have another 750,000,000 shares to play with.
Can you say "D-I-L-U-T-I-O-N"?
"Adios mia amigos"
Tomorrow will be very interesting.
If my expectations are met this will close below .02 tomorrow.
I've been wrong many times in the past. It may take another trading session to get it there or possibly the company will issue another "puff" press release tomorrow in an attempt to bolster support for the share price. Today's p.r. certainly didn't work.
They do have an additional 750,000,000 shares with which to play now.
Heading to "Happy Hour".
Back later this evening or tomorrow. :)
If you thought the post that you referenced was in any way condescending then you must have self esteem issues which I am not qualified to address.
"If the shoe fits. Wear it." :)
I guess I'm basing my opinion on known facts and you're basing your opinion on speculation about the outcome of future events.
Hope is a good thing to have.
As I said, I expect this to retrace back towards one cent. If I'm wrong then you can say "I told you so."
If I'm right and you're still a believer then you'll be able to add more shares at or below a penny.
It's all good.
p.s. I think we can both agree that at this point in time any need for further discussion about are opinions is a waste of board space and personal time.
You act on your beliefs and I'll act on mine.
I hope you make a lot of money owning AMBS. Whether you do or not will have no impact on me.
Have a great day!!!
When nothing has been provided then obviously nothing will be satisfactory.
Someone had posted about this company on the board of another stock that I follow so I thought I'd check it out to see if it was legitimate.
It seems no one was mentioning the recent increase in the number of authorized shares from 250 million to a billion. Or the fact the company only has three employees and had an operating loss of about $3,000,000 for the first nine months of 2012.
My first impression was and still is that most recently this was a "pump and dump" and that a bit more investigation would possibly confirm that to be the case.
I did try calling the company today and got put into voice mail where due to a full mailbox was unable to leave a message.
GLTY
p.s. Average down as it falls and pray for a bounce.
I tried to call him today.
Got put into voice mail with a recording that said the mailbox was full and wouldn't allow me to leave a message.
I guess some of the recent buyers who are now substantially at a loss were calling.
There's no indication that they think the shares are worth .10. All they care about is getting repaid with the appropriate interest.
They could have put a conversion price of $1.00 and it would have been just as irrelevant since it's doubtful the share price will be above .10 by June,2013 or even .02.
I didn't expect that you had anything that would substantially impact my assessment of the current share price.
It appears that management (the three employees)are certainly willing to issue what ever number of shares are needed (up to the 1,000,000,000 shares now authorized) to keep the company operating and insure that their paychecks get cashed.
Wanted to make sure I understood why this was at a penny not too long ago and why it should go back there.
Time will tell.
GLTY
Please post any relevant information that might justify someone paying more than .005 for a share at this point in time.
Losing $3,000,000 with only three employees in nine months is quite an accomplishment.
400% increase in the number of authorized share about two weeks ago:
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
On 14 November 2012, Amarantus Biosciences, Inc. (the "Company") filed a Certificate of Amendment to its Certificate of Incorporation, as amended, effecting an increase in the total number of authorized common shares of the Company from 250,000,000 to 1,000,000,000.
The 14 January 2012 Amendment to the Certificate of Incorporation is attached hereto as Exhibit 3.1 and is incorporated herein by reference.
Substantial dilution is on the way. $3,000,000 in losses in nine months with only three employees. This is headed to .005. IMHO.
Does anyone know what the number of authorized shares is?
I've heard it's a billion shares.
An accurate number with a link would be appreciated.
Yes, it does make a difference.
$3,000,000 in operating losses for the first nine months with only three employees.
Trading on the Berlin/Bremen exchange is where a lot of "pump and dumps" begin.
Note holders can convert at a 50% discount to the lowest closing price over a three day trading period. More dumping on the way.
Should head back towards a penny tomorrow. Possibly place a bet then.
Note: I learned my most recent lesson with RXPC.
If you describe a few press releases a month or more apart apart as a major campaign then you obviously don't have much experience when it comes to penny stocks and what a real "pump and dump" campaign looks like.
I wouldn't expect a geologist to have much experience in these matters.
If Bonanza Goldfields ever starts a "pump and dump" campaign I'll personally let you know when it happens. So far I think news has been substantially lacking.
Considering the number of times that you keep posting about the company finding rare earth metals and supposebly "pumping" the news one would think that they made a major campaign about rare earth metals.
I can find only one press release from August which mentioned the topic. It seems to me that the same press release dealt more with finding gold at the Tarantula site and the drilling of a new well to provide water for the wash plant.
If you have other instances of the company "pumping" the fact that rare earth metals exist on the site would you please post the links.
I think you've done more to promote what is probably a non-issue to most of the current shareholders than the company ever did.
Talk about beating a dead horse.
Just saying.
"Where are BONZ's ore grade and tonnage estimates for their placer deposit?"
Since it is obvious that gold production has begun at the Tarantula site I think any "estimates" are irrelevant since we should soon have actual gold production numbers to evaluate the potential profitability of the company.
He who lives in the past will fail to benefit from the present.
Good luck to all the "BONZ" faithful both old and new.