Accumulation and Run-upFinally some positive news worthy of a run up.
A technical look at AMY will show that stock is being slowly accumulated. Note that AMY has been trading several hundred thousand shares daily with no price movement. At these prices large investors want every cent to count, so why buy a million shares at once, when you can buy 10 lots of 100,000 at a cheaper price daily.
Aside from the Covid delay, we will now see a steady run up on AMY. Once samples are sent back to Tier One comapnies, a deal will be likely as we know everything works and the reactor will be adjusted per Tier One specs. Year end deals would have been prefered, but due to Covid it will be unlikely. But if samples are achieved by year end then Q1 will be a certainty for a deal. I agree with Larry that the first taker will get the best deal, or if we are really lucky someone will buy them out completely. Either way, AMY will finally start to move up.
The spin out will be the only stumbling block until we hear about the breakdown, hopefully Larry can push this and provide a timeline.
Steady up until spin out, then real climb will begin. The next few months will be big for AMY.
Enjoy the ride.