Jun. 18 at 11:23 PM
$AMPG Some perspective:
AMPG was up 6% in this 4 day trading week.
The prior week, AMPG was up nearly 60%.
So, just great that withstood the short attacks and the shorts are having to pay over 63% to borrow the stock after it was 160% earlier.
We also had AMPG announce two great hires of experience people who have great resumes and chose to join AMPG as they probably already had good jobs and perhaps other job offers. And, AMPG is only hiring due to their bright future.
But, these very fast gains attract shorts since the share price is so much above the 20 and 50 day moving averages so some of this shorting should have been expected…and yet the shares are up 6% over this short trading week.
No idea what to expect next week or the week after; but I suspect we will be over
$10 by year end which is still an 11% gain from here.
