Sunday, January 06, 2013 12:54:29 PM
We will probably never know the "full story".
However my intent was to point out what can happen when investors buy based on the hype. To me a 75% loss is substantial.
I appreciate the fact that many individuals posting on the board bought AMBS shares below a penny or two and have very little downside risk at the current share price.
Anyone wanting to take the risk at the current share price has to be convinced that there is legitimate upside potential.
The company did increase the number of authorized shares to 1,000,000,000 in November. Typically with penny stocks when that happens eventually they are all sold.
Due diligence is always a good starting point.
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