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To: Sun Tzu who wrote (10194)9/30/2025 3:29:52 PM
From: Sun Tzu  Read Replies (1) | Respond to of 10544
 
AMBI is a continuing lesson.
The initial lesson was to respect the green railguard because there may not be a floor below it, especially when dealing with shitcos.

Today's lesson is on limits of dead cat bounce and dangers of catching falling knives. AMBI dropped more than 50% from when I pointed out its crash.

As the old saying goes, what is a stock that is down 75%? It's a stock that dropped 50% and the dropped another 50%.

Since the median drawdown for shitcos is > 85%, then there may yet be another 50% drop in the wings. I wouldn't know. But catching falling knives is a special skill in and by itself.