This Will Retrace
That volume was set-up in advance to sell. This is a Bull-Trap while keeping only the tip of the candle barely breaching the 50-SMA into the eod. Think about it. It was a set-up. This will retrace. You need to trade this stock only, and with extreme prejudice.
Someone could have easily written an opposite opinion SA-Blog, and without the use of those clever disclaimers. It's a joke to me when a Company has to resort to using removed-third-parties in order to make up and invent some false catalyst, to justify a generated price action or income for themselves, because they don't have a real one to offer. And at the expense of shareholders running off a cliff.
After burning through assets they will eventually disperse every Authorized Share throughout time to keep up operations, while positioning themselves for a 1-for-20 reverse split. Their revenue is weak and their debt is 75 times the cash and growing. The margins are good but they have a lot of expanding overhead.
This isn't a slam on the Company or product per se... because as a Company you ultimately do what you have to do to survive, while using "Forward-Looking Statements" to your full advantage. Things are NOT what this SA-Blogger claims. He states no definitive position on any opinions. It's nothing more than a warm & fuzzy snow job.
AMRS will retrace. You need to trade this stock only, and with extreme prejudice.
JMO
