Replies to post #112209 on Amarantus Bioscience Holdings Inc (AMBS)

[jfkspire]

How low is this likely to go!!
I'm seeking an entry point!!
Thanx in advance!!
Barcharts thinks :1st Support Level 0.0498
2nd Support Level 0.0467
http://www.barchart.com/quotes/stocks/AMBS

[Solantey]

Amazing what a few traders with 5,000,000 shares and a $1,000,000 can do the share price if the attack is coordinated.

I suspect Lincoln Park Capital wanted a lower share price and had the perfect situation to manipulate the stock lower to get it. A "quiet period" at the right time.

It happens with penny stocks.

p.s. Buy for the run-up. That's how they double their profits by making money in each direction.

All IMHO.

p.s. It's probably closer to $40,000,000.