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Derf11

04/04/18 10:32 AM

#14790 RE: MicTrade4490 #14789

AMDA had a cumulative tax loss of $220 million. Let's assume that the negative posters on this board are correct and AMDA has no worth wild products. Even with Trump's new Tax Plan, the company should be worth $220 million times 15% or $33 million. $33 million divided by 6 million shares equals $5.50 a share. I would hope AMDA is worth more alive than dead.
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boston745

04/04/18 10:49 AM

#14792 RE: MicTrade4490 #14789

Xena or CL might know but my guess is Naked short....2.6m short that day. TA claims there was some illegal front running going on. Thats happened here before.
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XenaLives

04/04/18 11:43 AM

#14797 RE: MicTrade4490 #14789

Actually it's wash trading. They gapped it up to suck in the gullible then turned the algos loose to fleece them.