In spite of facing a long Thanksgiving weekend, I have traded into AME.V - Oct 08, 2010 @ .23cents and @ .235cents on strong looking Level II action, strong volume moving in... with good looking chart indications for more price appreciation.
This is a Grandich pick, that has just recently announced a JV of which there seems to be some controversy over the value of the move... personally I don't see the problem, as the charts, and Levell II at this point suggest the few posters on Stock House are in contradiction to what the market is moving in on.
It Has been my experience that JV's can move a stock %100 over time. As this is early in the move, I feel the risk is low, with an up move likely to move to a new height, and hold at least 40% of the move on a consolidation in the short term.
Follow the link to the StockCharts Public Chart List and you will find two charts dedicated to AME.V
GLTA Lostoutwest
Kenuck SmallCap Trader
Track My Trade - this is a link to an off site I follow, and have no affiliation with.
National Post
Grandich
StockCharts Public Chart List
CBCnews
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