I've been long this stock since Sept 30 from about .57 on the resistance break and it has been a strong runner. There have been several positive news releases along with talk of an asset sale that would improve cash flow vs. dilution which has been 'said' will not occur per management. Earnings, which are improving (Nov 3) projections are said to be inline with estimates. Above numbers should move price up.
The daily chart is overbought and due for a pullback which is normal in any given uptrend. There was a recent filing of an insider selling shares for whatever reason, pick 1 of 1,000,000 reasons and go with that. The company itself has put out a few news released in conjunction with a few other companies and one unnamed which is sketchy.
I am not telling anyone too buy or sell anything. This is a higher float stock that until recently was only moving a few cents a day. Volatility is increasing so the range will be too. I have mentioned it in the chat room a few times but will cease to do that per 'pumping', which I don't do anyway, repercussions.
Long term price projections depend on pending news and earnings release.
Trade smart.
Palmer
Read the conference call transcript here: http://seekingalpha.com/article/4018576-amyris-amrs-ceo-john-melo-q3-2016-results-earnings-call-transcript
Listen to the webcast here :http://edge.media-server.com/m/p/2i2u6nwj
I would not be surprised by a dip today because a lot of people will not read the transcript or listen to the cc. This is a longer term hold and not a day trade.
too much downside. out with about a 70% gain. will look to re-enter
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