Replies to post #48216 on American Green Inc (ERBB)

[alj14]

Flydoc,

If you take a steady, attentive look at the chart for this year, you will see the SP grinding down till the end of April. Right through that month it was constantly below 10 cents. My time-frame was a bit on the early side, but the fact is that the first signs of a move up were seen in mid-May and now, this month, the SP has moved into a quite different range, with the mid-price around 50 cents. That should be telling chart-watchers something. Besides that, the news out on the 10th was definitely, IMO, a positive sign for the future of AMNG.

To answer your concluding question, yes, I see good reason to be hopeful.

alj14

[alj14]

Just to follow up at the end of this week. What is unwelcome is the gap between bid and ask right now, but the chart itself shows that the selling has -- for the moment at least -- dried up. Buy volume is now much higher than sell volume. The main input needed is patience:

The Amergence Group Inc: OTC:AMNG

Buy: $0.60
Sell: $0.20
B/A Size:5000x2500
High:0.60
Low:0.51
Volume:1,900 (Above Avg)

alj14