Published On: Wed, Jul 31st, 2013

Amplitech Group Inc. (OTCMKTS:AMPG) Trading Report – 07/30/2013

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Shares of Amplitech Group Inc. (OTCMKTS:AMPG) had moved on to gain significantly by 60% on Tuesday to present significant returns to the investors for the short term. While the stock had moved on touch the peak level of prices recently in the second week of July 2013 at the level of $0.75 per share, there had been gradual decline in prices of this stock shortly after that and had moved on to plunge the bottom at $0.05 per share recently. However, the stock had moved on to gain effectively on Tuesday to end the declining trend in prices with higher level of investor attraction in the shares.

The stock had been presenting significant gains to the investors in the recent past and had effectively surged from its lowest level of prices to present higher level of confidence to the traders. The stock had been trading flat at levels less than $0.25 per share for the past one week of trading and had waived off any investor attraction. However with the recent surge in prices, Amplitech Group Inc. (OTCMKTS:AMPG) had presented significant gains to the traders.

It is further worth noting that the company had not presented any significant developments in the business operations and had not made any releases related to operational or financial performance results. All the recent fluctuations experienced by the stock in both bullish and bearish trend of prices had primarily been attributed to the investor excitement that is quite common for such penny stocks in the OTC markets. As there are no fundamental value additions to support the surge in prices, the stock of Amplitech Group Inc. (OTCMKTS:AMPG) appears to be highly riskier to rely on for any long term investment decisions. Investors are thereby advised to make cautious moves on this penny stock with detailed analysis on the fundamental developments of the company.

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