RE: RE: RE: RE: Inves...... No I am not trying to discredit you at all. You seem to think I do not like you, because of some comments I have made in the past. We are both on the same side regarding AMA, so please do not get paranoid.
If you want to believe in TA for stocks like AMA then this is your prerogative. I am only stating my opinion, born out by every expert I have talked to on TA (I am not, although I use it when appropriate). I am, however, a mathematician, and it simply does not make any sense to use TA on such sparse data. It simply tells you nothing. Too few people are involved in trading AMA and manipulation is pretty easy. It's pretty hard to manipulate a large volume, high priced issue, unless you have major bucks. Just look at how this stock, SNA and other such issues are routinely closed up or down on 1000 shares.
I will reiterate, however, that this thing is going to go up significantly (IMO) in the not too distant future, based on the fundamentals.
Piper