AMPE Trade on Apr 20, 2015 09:30 from foldelinio_BOWS: Tradervue User Stock Trades.

36.93M float/19.30% short float/30.90% institutional

playbook: Down over 50% on a failed FDA. Plowed through all support levels so far, 3.16$ is the next one to be tested. Be aware of the fact, that SSR is in place, so no shorting on the bid.

Stop: 2.82$
R: 0

Stock lost a huge junk on the gap and I was watching it trade during the premarket. It just could not find a bid. Around 2.90$, the first larger buyers came in and it started to trade on significant volume at 3$ +/- 2 cts.

I figured, that this was the price shorts are base their covers on right at the open and it could not trade below. I threw on a couple of shares, but was too slow with execution. So I had to scratch it as it came back to my entry.