posted
AMSN (Amerossi International Group) currently at .011
Low/High for Friday .007/ .021 Expected B/A Monday morning .009/.013
AMSN has bottomed out at .01 after a run to .10 earlier this week. Last two hours of trading were nearly all buys in the .01 to .013 range showing the sell off is almost over.
Share volume on Friday topped 50MIL reaching new volume high for the last year.
OS is officially 1.5 BIL but a majority of those shares are restricted shares tied up until 2007. I roughly estimate the float to be around 100MIL.
If you look at the chart you will see that the RSI is undersold and due for a correction
www.stockcharts.com (Never been good a getting weblinks or pictures in my posts. )
I am calling this for a 50-100% gain (at least!)by the end of next week.
Latest PR's-
quote:Amerossi International Group Inc. Updates Shareholders on Tar Sand Recovery Process LAS VEGAS, NV, Jun 02, 2006 (MARKET WIRE via COMTEX) -- Amerossi International Group Inc. (PINKSHEETS: AMSN) is an innovative player in the white-hot oil & gas industry, primarily in the exploration and drilling programs. Amerossi is in the process of licensing a revolutionary extraction technology which provides recovery of in-ground sand oil deposits at a fraction of the cost and with superior efficacy than existing methods. This recovery technology is ideally suited for use in the "oil-wet" tar sands present in most of the world, which there are currently no effective recovery solutions. "Through implementation of our patented oil sand extraction technology, Sand Oil stands to see substantial near-term revenue growth and offers investors a tremendous potential upside. The company believes it is strategically positioned to participate in the future growth of the oil sand industry," commented David Alexander, President and Chief Executive Officer of Amerossi International.
quote:Amerossi International Group Inc. Signs Agreement With Denver Gardner Investment Inc. LAS VEGAS, NV, May 31, 2006 (MARKET WIRE via COMTEX) -- Amerossi International Group Inc. (PINKSHEETS: AMSN) today announced the signing of an agreement with Denver Gardner Investment Inc. to act as its investment consultant and adviser in connection with Amerossi International's business activities and related matters in the People's Republic of China ("China" or "PRC"). The scope of work to be conducted by Denver Gardner will include representing and advising Amerossi International on its business activities and other related matters in China including (a) conducting due diligence with respect to potential target companies and cooperative Chinese partners; (b) providing related advice on procedures involved with merger and or acquisition targets; (c) assisting in drafting, reviewing, commenting on and negotiating any related agreements/documents; and (d) providing ongoing PRC regulatory advice with respect to Amerossi International's investments and business in China.
"We are pleased to have signed this Agreement with Amerossi International," commented Paul Joseph, President of Denver Gardner. "We believe this is an exciting opportunity for Amerossi International at a time when resource assets in China, along with strategic relationships, are extremely valuable. Denver Gardner will provide the required involvement to assist Amerossi International in China both financially and strategically."
"We are optimistic that Amerossi International's aggressive plan in China to develop its portfolio of resource interests will benefit from Denver Gardner's relationships and funding capabilities," commented David Alexander, President and Chief Executive Officer of Amerossi International. "Will review all opportunities presented to us by our strategic partners with the objective to begin monetizing assets in China and maximizing shareholder value."
Denver Gardner Investment Inc. is a premier, full-service venture capital, mergers and acquisitions and consulting firm with recognized energy, mining, foreign direct investment, M&A, and finance departments.
Be careful, Once it starts to run this stock moves fast! As always do your own DD!
The Bigfoot
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Share volume on Friday topped 50MIL reaching new volume high for the last year.
[/QB]
This will correct sometime next week. High volume combined with all the buy signals at the end of the day show that investors aren't done with this stock yet.
It moves very easy and should bounce off the bottom real nicely.
Easy 100% turnaround IMO.
The Bigfoot
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Anyone notice the pattern in times here? HDSN, NITE, and DOMS all set a new bid/ask at the exact same second. Only one not with the program seems to be UBSS. Don't have a lot of experience with L2's but that seems rather odd.
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MM ID Bid Size Time DOMS 0.0125 1 15:02:51 HDSN 0.0125 1 15:13:12 UBSS 0.0120 1 15:02:52 NITE 0.0090 100 15:02:52
MM ID Ask Size Time DOMS 0.0140 1 15:02:51 UBSS 0.0140 1 15:02:52 NITE 0.0140 100 15:02:52 HDSN 0.0200 1 15:13:12
Volume approaching 8 Mil. I was hoping to get to 10 but considering that it is looking like at 30-40% gain over low of day for final call I'll accept 8.
Would love to see volume pick up but RSI says accumulation is happening so I'll just be patient.
Still calling .02-.025 by EoW.
The Bigfoot
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posted
yea looking for a nice bounce here... lets see how it goes from here... .015 got hitted pretty good... i hope a fews buys at .017 and .018 send it flying
I feel like i am talking to myself all the time... when I post... LOL
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