I'm willing to bet this week by Wed we will get our long awaited pop.
Let me explain to the disillusioned cabal why...
1) We got a Hammer on the Weekly Chart clear as day later on Friday...weird trade for 1K shares ($2)
2) Floormaster shows up last week and says to everyone's surprise (and relief) that everything is fine at AMSZ and he spoke directly with George Antoine. Furthermore, that Greg apparently stated news would be out before EOY...but this upcoming week qualifies for that statement too.
3) We now have a confirmed BULL PENNANT formed after last weeks low and before that we had a DOUBLE BOTTOM. All technicals are in place for the breakout.
4) We have a gap to fill at $.10 and also the Chart Technicals all point to a target of $.10
5) I believe we saw capitulation in the last month with the last of the weak handed holders walking away in disgust and dumping their shares. I say this with confidence because as mentioned in 1) it only took $2 friggin dollars to boost us 13%!!! Wake up guys, someone is telegraphing us it's action time IMHO.
Okay, I realize many do not put much credence in TA, but you are wrong to think that technicals are meaningless. In Penny's it can take a little longer to make the formations and they can be difficult to see with low volumes sometimes, but they are as clear as day as of last week.
As usual, do your own DD and good luck this week. Don't settle for a measly $.02....it's going MUCH higher, so raise your bids and watch it fly.
SAPLYAK
