{"id":3467,"date":"2013-12-19T16:13:32","date_gmt":"2013-12-19T16:13:32","guid":{"rendered":"\/?p=3467"},"modified":"2013-12-19T16:13:38","modified_gmt":"2013-12-19T16:13:38","slug":"amarantus-bioscience-holdings-inc-otcmktsambs-jumps-on-positive-news","status":"publish","type":"post","link":"\/articles\/amarantus-bioscience-holdings-inc-otcmktsambs-jumps-on-positive-news\/","title":{"rendered":"Amarantus Bioscience Holdings, Inc. (OTCMKTS:AMBS) Jumps On Positive News"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right; margin: 3px; border: 1px solid black;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/04AMBS_chart.png\" border=\"0\" alt=\"04AMBS_chart.png\" title=\"04AMBS_chart.png\" width=\"400\" height=\"178\" \/>After the initial upward run the stock of Amarantus Bioscience Holdings, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AMBS\">AMBS<\/a>) made in the beginning of the month, things quickly turned sour and the ticker has been sliding down the charts in the past 2 weeks of trading. <\/p>\n<p>Yesterday, however, the company announced that it has entered into a worldwide license agreement with the University of Massachusetts Medical School for intellectual property that will allow exclusive use of mesencephalic astrocyte-derived neurotrophic factor (MANF) both as treatment for beta cell-degenerating disorders and a biomarker.<\/p>\n<p>This was enough to provide some investor interest and a good 15% gain in price. At the end of the day <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AMBS\">AMBS<\/a> closed with a price of $0.052, while 5.9 million shares switched hands and in term generated $316 thousand in dollar volume.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left; margin: 3px; border: 1px solid black;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/182LOGO.png\" border=\"0\" alt=\"182LOGO.png\" title=\"182LOGO.png\" width=\"150\" height=\"38\" \/>It looks like the company stock is taking a breath of fresh air, but will it manage to keep the upward trend. Considering the fact that we regularly see optimistic news from <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AMBS\">AMBS<\/a> we think that there is a possibility that this was a one-day gain and the stock might return to the overall downward direction it has had in a while.<\/p>\n<p>On the good side of things <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AMBS\">AMBS<\/a>&#8216;s cash reserves have increased quite a lot in the last reported period, as well as their assets. The losses, however, continue to grow, so the ticker is rather unpredictable.<\/p>\n<p>In any case be sure to do a lot of due diligence and weigh out the risks if you have any thoughts of taking the bet with <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AMBS\">AMBS<\/a>.<\/p>\n<p>Provectus Pharmaceutical Inc (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PVCT\">PVCT<\/a>) also had a decent session yesterday after 2 days in the red and added 16% to its value. Axion International, Inc. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AXIH\">AXIH<\/a>) was not so fortunate and registered a third session in a southern direction with a 14% loss.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"margin: 3px; border: 1px solid black;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/8AXIH_chart.png\" border=\"0\" alt=\"8AXIH_chart.png\" title=\"8AXIH_chart.png\" width=\"350\" height=\"156\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After the initial upward run the stock of Amarantus Bioscience Holdings, Inc. (OTCMKTS:AMBS) made in the beginning of the month, things quickly turned sour and the ticker has been sliding down the charts in&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[255,1163,1011],"class_list":["post-3467","post","type-post","status-publish","format-standard","hentry","category-news","tag-ambs","tag-axih","tag-pvct"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=3467"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3467\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}