The investment approach to investing in a good biotech company is simple...invest in the the Science and management....and be patient. If you really think technical analysis applies to this type of company..you must be kidding yourself (we are a news driven investment).
Also, if you notice which people gripe here...its the ones who expected to make a fortune overnight....the markets dont work that way...and even the market makers (or market itself) are savvy enough to recognize that reality too.
Lastly, the investment thesis for AMBS is stronger now than the history of the company...we just need to the general markets to heal...and the risk on trade will come back slowly (which is why AMBS has turned and is slowly creeping back up as the markets strengthen).
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