Aemetis, Inc
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AMTX Pending Short Entry

I have a short order waiting at the 6.00 level at 5.90. My target will be 5.51, half way to the real 5.00 support. on account of how the stock is not "too" extended.
AMTX has a float of 34.44M shares, a 19.10% short float which is concerning, a market cap of 223.37M, and a net income of -115.90M
The stock is up 225% since the early May lows.
The stock appears to have begun its break out after releasing press stating the EPA approved its plan for a renewable gas production facility.
Beyond Technical Analysis

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