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Tuesday, October 14, 2014 11:01:32 PM
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.
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