I'm in and this WILL pop. Guys, given RBCC's PPS history and the strong correlation to what AMBS does, it would appear that this is poised for a spike. See the historical charts for RBCC.
I've been a long watcher of the stock and it PPS movements and have always said that when it gets back in the 0.20s I'd be wathching this closely. Now that it hit $0.165, I decided to pull the trigger.
The only concern at the moment is the low volume on this stock. There seems to be support here at the mid-teens, but if you look at the "week level" charts this week the stock has had it's most traded week in terms of volume. I wonder if there is interest now at these levels.
As we all know, penny stocks are risky, but if played surgically and with a true in/out methodology, there can be tremendous gains to be had.
I'm in with y'all now for 50k shares!!
Let's take here up!