It amazes me on how many here think (and know) exactly what will happen from day to day. Let me tell you something...once you think you have it figured out; there will be many surprises along the way. Pharma. is hungry....dont expect top notch Bio's (smaller ones) to sit around and waste way. Watch for an HDC Platform announcement to start to light up the stock price ....buy good Mgt., sound drug technology and just be patient (it will all work out for the best).
Please read this:
"With a wonderful business, you can figure out what will happen; you can't figure out when it will happen. You don't want to focus on when, you want to focus on what. If you're right about what, you don't have to worry about when" Warren Buffet
Who does technical analysis on a stock like this? And the CEO has been there ONE WEEK. This is a stock with trials set to be released in a YEAR. Why don't you peeps with short attention spans and nothing to do but spam and offer nothing but pump an dump BS move on to TSLA or GPRO? You are wasting your time here.
Stock is doing nothing because the only news we have heard since the new Sheriff has been in town is how much she is going to get if she stays. Big word there is " if ". I believe this domestic partnership with SNTA will be a short one for her. Like Obama, she would rather be playing golf than dealing with drug trials. 10 to 1 says she is golfing Quarry Hills with Barney Frank and their partners. She was out golfing with Grace Sterling Stowell of BAGLY Labor Day. Her 1st official day as the new leader of SNTA. Maybe next week she can get to the office and see where she is supposed to be working.
I tried their products. They suck. LVVV is a stock i owned until i tried their products. Couldn't get out fast enough. So please go and spam up some other board. This is not the penny stock section yet.
Agree completely. Gonna start dumping and find a good Cannabis stock. This company is worth more broken up than as a whole. Time for management to start selling off patents and pocketing some cask. They brought Anne in to sell this thing off with the insiders in mind. Not us little guys. When Bruce bails this becomes a penny stock. Get the casket and flag and lets bury this dead money pit.
Oh, I see you now made a $3 price prediction. Good strategy doubling down when your previous prediction didn't come true.
ericknl22, you kept telling us SNTA would be at $3.50. What happened?
Yo - I thought yesterday or today was going to be the breakout day...to the upside...what happened?
Were still along way from the 1 yr. target of $12. However starting to show some strength. Hopefully some news will come to give it some strength.
Well, I'm long, but the stock has clearly decreased in value this year, and with good reason. The CEO change was abrupt, but I've been long the stock for a few years, so I believe it was the right move.
I do believe the stock has shown some great support at these levels. Let's remember, the share count has increased from about 93 million shares to somewhere between 103 - 108 million shares with the latest shelf open, so at / around the $4 level, the stock has done reasonably well absorbing the dilution.
There is a new CEO, a phase 3 trail starting, and we should get information regarding their clinicals over the next two weeks, and the company has enough cash through 2015 (assuming they maintain their current quarterly burn or increase at the margin). With less than a $300 million enterprise value, I think it's a good play.
I do agree that if someone is expecting to wake up and find a new bike under the Christmas Tree in the form of a move like a Intercept or Puma, in the coming weeks and months, then they are likely to be disappointed. I'm long, very long...and I'm betting we'll continue to see positive news over the coming months to validate my investment.
I'm just saying I don't see anything moving this stock up for a year. I don't want you to do anything you are not comfortable doing. It's risky to buy at these levels for all the reasons you list above. That's why the price is where it's at. The stock market is risky. The price will rise or fall as the concerns you list above are resolved. You are right that you have time to buy this one before it goes up. However, I think the downside risk is limited at these levels.