Published on Apr 21, 2013 11:57 pm
This past Friday AMBSE (Amarantus BioScience, Inc.) garnered a bit of renewed interest among penny stock investors, as the company saw significant buying as soon as the day began and managed to close out with 77.14% gains. Though the move was a powerful one, there were only slightly more than 2.2 million shares traded, leading many to wonder how strong the move here may truly prove to be. After all, it is often said that volume comes before price but in this particular case we are seeing the price move relatively quickly on small buying pressure, suggesting that if things become more heavily intensive, there may very well be greater interest generated among more penny stock investors as things progress. Already we are seeing signs of the recognition of Fridays movement spreading, as chatter about the company has increased greatly among online investment forums, further sparking the interest of the
Penny Stock Dream platform, in what has the potential to see a further move. At the same time though, we are exercising extreme caution because we recognize that there are many negative elements involved in this play that we would like to see worked out before ever establishing it as a full scale alert. As time progresses, there will certainly be a great deal more interesting elements to come together here but we are not ruling out our theory that last Friday's move may have been purely due to an awareness campaign. Again, be sure to exercise caution here.
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