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This bit of bad news will shake out the faint of heart and build a stronger base of investors who will keep the price propped up for the rest of us. South America is now the fastest growing economy in the world! Ambient has already penetrated that market and if don't you don't think that's going turn into bottom line profits and positive earnings - then you don't need to be in this stock. Ambient is making all the right moves to bring the stock price up. Just watch!
So does this change of management have any fallout on AMBT? Good or bad?
This just hit my stock news wire:
Ambient Corporation Reinvents How Utilities View and Control Data
Last update: 6/14/2012 8:30:00 AM
New enhancements to network management software provide better grid visibility and efficient operations
NEWTON, Mass., June 14, 2012 /PRNewswire via COMTEX/ -- Ambient Corporation (AMBT), a leading provider of secure, flexible and scalable smart grid communications and applications, announced the release of the latest version of its network management system, AmbientNMS®, a purpose-built suite of integrated software applications for real time fault, performance analysis, and reporting of characteristics of the medium and low voltage grid infrastructure.
This latest version of AmbientNMS features new tools for interpreting, arranging and sharing data, allowing the utility to create preselected users or groups, with the ability to create an experience custom-tailored to that individual's role, tasks and priorities:
Auto-discover devices without user input / intervention
Enhanced customizable lists and maps may be viewed at various levels such as state, city and street level down to a single device's information
Maps may be organized geographically or with electrical substation and circuit topology imposed on them
Retrieve and present real time data such as energy use
Create reoccurring reports from regularly collected data
Control and share desired data-based metrics and users
Configurable events and alarms based on user-defined thresholds to discern the urgent and important information amid the vast quantity of available data
Enriched charting and export functions for subsequent further analysis
Forward events such as outage notifications to (user-defined) third-party applications
John J. Joyce, President and CEO of Ambient Corporation, commented, "A smart grid network management system is critical to the successful implementation of smart grid initiatives. The AmbientNMS is designed to support multiple levels of scaling, and this latest release is a testament to our commitment to continually enhance our products with additional features and functionality. AmbientNMS is presently managing over 100,000 nodes."
The primary function of the AmbientNMS is to provide an extensible system for managing the communications network between grid devices and the existing back-office systems. The NMS can monitor and manage tasks, run discovery and status checks, query devices, and store and relay information and instructions between the NMS and the Ambient Smart Grid® Nodes. It distributes software upgrades to the nodes and manages other downstream devices conforming to existing standards.
In addition, the Ambient Smart Grid Platform facilitates multiple applications in parallel, including, but not limited to, multi-service smart metering, outage detection and restoration management, power quality monitoring, and distribution automation (for legacy and new) infrastructure assets. The AmbientNMS automates the collection and reporting of data from hosted applications; both Ambient's own and third parties' and can be integrated into other utility operational systems.
Oh well ..... nice while it lasted!
How about posting the links to these articles?
Hmmmmmm?????
What could be happening behind the scenes here? Something is up!
Somebody's selling and somebody's buying. Simple. Guess there's not too much of a float since the stock is going up on pretty low volume. Either that or the market makers are playing games with their inventory again. We'll see.
Unfortunately - this word pretty much describes AMBT
lan·guish [lang-gwish]
1.to be or become weak or feeble; droop; fade
2.to lose vigor and vitality
3.to undergo neglect or experience prolonged inactivity; suffer hardship and distress
4.to be subjected to delay or disregard; be ignored
I tell you what! I hardly ever look at this stock any more. It just never ever changes much. The word "stagnant" comes to mind. I'm starting to think that this technology will never be valued. I've held my shares now for over 10 years, maybe 15 years - can't remember it's been so long - sometimes have come really close to selling the entire lot - but didn't. Shall I give another 10 years - not sure I'll be around that long - but maybe it's worth the wait? Don't know. Such a promising investment that has gone absolutely nowhere. Depressing. Maybe someday I'll wake up and this stock will surprise us all. What do you think?
News like this - as good as it may be - never seems to move this stock. I surely do not know what will cause a significant uptick. Been waiting over a decade for it to happen. Short of a miracle, I'm at a loss as to why this stock is still so cheap. I guess too few people really understand the significance of the Ambient product line. Maybe we need a real, up close and personal, grid crisis and nationwide failure to finally put Ambient on investors' maps.
Hey rek! What What is Good Good???
If the stock keeps dropping like this, it'll lose its NASDAQ status and be relegated back to OTC! Anybody know what's happening here besides the obvious?
Request: would some of you please throw in the towel and sell out? I'm thinking I'd like to snag about 1M shares at around a nickel. Will you all do that for me please? Thanx.... I appreciate ya!
Yeah - AMBT has never been a market driven stock. Maybe someday, somebody will discover its worth and BUY THE CRAP OUT OF IT!
More great news! So where's the beef????
http://ambientcorp.mediaroom.com/index.php?s=19943&item=82010
!!!!!!Shhhhhhhhhhhhhhhhhhhhhhhhh!!!!!! Speak NOT of the $1.11 uptick in price today. Shhhhhhhhhhhhhhh!!!!!!!!
http://ambientcorp.mediaroom.com/index.php?s=19943&item=70746
The smart grid leader is a smart grid newsmaker
News Releases
Ambient Corporation Ranked Number 140 Fastest Growing Company in North America on Deloitte's 2011 Technology Fast 500â„¢
Attributes Revenue Growth to Growing Deployment of its Smart Grid Communications Platform
Oct 19, 2011
NEWTON, Mass., Oct. 19, 2011 /PRNewswire/ -- Ambient Corporation (NASDAQ: AMBT), today announced it ranked 140th on Deloitte's Technology Fast 500â„¢ ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Ambient's annual revenue grew 771 percent from 2006 to 2010.
(Logo: http://photos.prnewswire.com/prnh/20091012/NE90671LOGO )
Ambient's chief executive officer, John J. Joyce, credits the continued deployment of the Ambient Smart Grid® communications platform at Duke Energy with the company's 771% revenue growth.
Mr. Joyce commented, "The modernization of the electric infrastructure is gaining traction, enabling the deployment of a flexible infrastructure. We at Ambient are excited to be on the leading edge of that transformation. We thank Deloitte for this award and feel it reflects not only our success but the success of our approach to the smart grid in general."
"Ambient, like all 2011 Technology Fast 500â„¢ companies, has excelled in fostering innovation and channeling it into spectacular growth -- against the backdrop of one of the most challenging economies in history," said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. "Deloitte recognizes Ambient for its remarkable accomplishment."
"We are pleased to honor Ambient as a 2011 Technology Fast 500 company," said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. "As one of the fastest growing tech companies in North America, Ambient has demonstrated excellence in technological innovation, entrepreneurship and rapid growth."
Overall, 2011 Technology Fast 500â„¢ companies achieved revenue growth ranging from 134 percent to 70,211 percent from 2006 to 2010, with an average growth of 1,736 percent.
About Deloitte's 2011 Technology Fast 500â„¢
Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues.
Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD.
Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
About Ambient Corporation
Ambient designs, develops and sells the Ambient Smart Grid® communications platform. The Ambient Smart Grid products and services include communications nodes; a network management system, AmbientNMS®; integrated applications; and maintenance and consulting services. Using open standards-based technologies along with in-depth industry experience, Ambient provides utilities with solutions for their smart grid initiatives. Headquartered in Newton, MA, Ambient is a publicly traded company (NASDAQ: AMBT).
No - they issued these shares for insiders so the insiders won't have to compete on the open market for what could have been higher priced shares.
You don't need to be a Wall Street wizard to figure this out! It wasn't good for us before the split and it's surely not good for us after the split. More shares = less demand = lower PPS. Simple.
Tomorrow could be an interesting day. I have heard - not sure this is true - but I've heard that fund managers are prohibited from buying OTC/Penny stocks. Maybe there's a few fund managers out there that know of Ambient and maybe they are waiting for the NASDAQ listing to take effect so that they can snag a few shares? This would surely help the PPS wouldn't you think? Should be an interesting day tomorrow.
....and there you go! Everybody got their new shares this morning? Found mine in my stock account - like magic. I've documented this entire unfair event and sent a letter of complaint to the SEC. Yeah, like that's going to do any good! Why do some people get to play and others just get to watch? The real stock price will emerge now that everybody has their new shares. Hold on - could be a steep drop.
The fact that the stock dropped $1.25 today might be a sign that our shares are about to be released.
It's time to put pressure on ABTG to get our shares issued. Here's where you can make an impact. Fill out the complaint form and send it to the SEC.
https://tts.sec.gov/oiea/Complaint.html
According to my stock company: "The depository holding our shares is listing today for when they expect to receive ABTGD from the company's agent. Positions should be updated very soon."
"Very soon" is anybody's guess. Personally - I've never seen a transfer/exchange of stock after a forward or reverse split, take this long. It's pathetic! In fact, if I don't get my shares by the end of business tomorrow, I've got a letter of complaint ready and waiting to be fired off to the SEC.
If you're thinking that the stock price will seek its prior reverse split level, then that would put the price at about $7.00. If you believe this, then your move is to sell off as soon as you get your new shares or if you can't wait, just short the stock to the extent of the shares you own. Simple. But, if the stock goes up, your going to regret your sale.
As of now, no time frame has been provided as to when the new shares will be delivered to trading company's depositories from the ABTG's agent. Once your trading company receives the new shares, they will be able to update your account.
Let's see how much value the stock price loses because of this "great" news! Oh wait - it's going to hit $1.00 - right! Yippie!
OK - with all this positive and progressive posting, I'll be a buyer at .05 - there - I said it! Now don't make me regret this!
I'll be buying this stock at .015 so would y'all please hurry up and sell off your shares! I'm getting impatient! thanx
"sub .10" - no kidding - more like sub .01 ! Watch for the free fall coming soon!
WOW! How many zillions of times have we heard and read statements like that before! In fact, it would be great time to sell out if you could get a small pop in the price.
It's time boys and girls. Get them sell orders in before you lose it all!
Right - a paddle boat! Beef up them leg muscles!
You know - this stock, with all its hype and controversy, has basically done nothing for its investors from day 1. Even with the world's oil crisis, whether real or fabricated, the stock has done nothing. It's been 10 years since I first added this stock to my watch list and it's done nothing. Why do people on this board still think that it's going to make them any money? I just don't understand. Personally, after I bailed out of ERHE, long time ago, I put my money into CVX and never looked back! Dividends like clockwork and growth. What more could a common investor ask for! I just don't get why you all are still hanging on.
I surely hope you're not counting on ABTG for your retirement. If so, keep your skills current. You're going to need them.
I'm so happy for you! I wish I had another 10-15 years to wait for a junk stock to emerge!
As you blind yourself in a myriad of meaningless financial reports and your years of expert experience, your stock price is falling in the toilet. And you continue to bury your head in the sands of pseudo-technology. What more substantial evidence does one need to know that this company is a hoax! Laughable!
OK - go ahead an prop yourself for a hit. You'd think that after at least 10 years of zero stock price growth you'd catch on by now. But that's ok - you just go ahead look straight ahead at that one penny train coming at you down that long dark tunnel.
OK - you just go on living in your little naive world. No news and it goes down - give me a break! There's going to be news and no one is going to like it. The price is dropping because some folks know what's coming and it ain't pleasant!
Just wait and see is all we can do. Meanwhile, where did I put that gas-mask!
There's either really "stinky" news coming soon or we just got locked in the toilet. What's that flushing sound????