Imagine the Rush.....Why is there this mad rush for AMDB shares when the market opened at 9 A. M. ? Is there something imminent that will bring the price up another two fold in a jiffy? Remember the counter has gone up almost 150% from the low of the year.
Last year's results could be the key to all this madness but it will only go up if there is solid collection and not mere retail play. Also, the general market is losing big time - double digit this morning.
I hope once the euphoria has settled down after the morning session, perhaps better sense will prevail.
At the noon close, AMBD was the most active counter closing up 6.5 sen to 43.5 on a volume of 44.1 million shares. Will it hold up in the afternoon session since there is this good profit margin to cash out?
PS: It held on well in the afternoon session and finished off with an 8 sen gain to 45 sen on a huge volume of 59 million shares.
Heartsong
Last year's results could be the key to all this madness but it will only go up if there is solid collection and not mere retail play. Also, the general market is losing big time - double digit this morning.
I hope once the euphoria has settled down after the morning session, perhaps better sense will prevail.
At the noon close, AMBD was the most active counter closing up 6.5 sen to 43.5 on a volume of 44.1 million shares. Will it hold up in the afternoon session since there is this good profit margin to cash out?
PS: It held on well in the afternoon session and finished off with an 8 sen gain to 45 sen on a huge volume of 59 million shares.
Heartsong
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