looks like it was a poster presentation,which I am assuming means no oral discussion from company officials; at around May 7th we will hear from CEO at quarterly earnings meeting.
You probably mean 250 shares not 250,000. If you have 500k to drop in a stock your not worried about CRIS.
usually when news comes out stock sells off because people do not know time period for example gopro announced 2 new products so it went up 2 bucks but its not out do not know orders so stock getting crushed right now this stock rallied on news was going to be good if its good now we need to know time frame from past i have learned with good news lots of time stock sells off on initial announcement hype brings it up when you first here it i donot get that but its the way these things usually trade
If you notice folks are just playing on the recent general upswing in the biotech. Hopefully many that were slaughtered during/following the clinton tweet will rise to steady levels. cris should be in the 2.5 range IMO.
Atleast the good thing is they did bring it back up to the 2s at a low but decent volume. I was starting to be concerned about a volume spike happening without any news and that usually happens immediately prior to a dilution when the underwriters play it up. let us hope it remains in the 2 range. I usually dont play for the few cents just because I dont have the time or energy after my full time job.
agree, feel the air coming out of the tire again; the Aurigene partnership succeeded in raising capital, but that's about it; more than a year has passed and nothing to show for it.
tarh..dont read much into this play. It is just some criminals playing the game. There is no material information available regarding anything yet. Since you and me and other long timers already hold onto substantial quantity of stock it is best to remain on the side and just watch as they play this one.
I would be really surprised if we had anything of substance now. Its the same story and nothing new. I only hope that we are not prepped for a dilution. There is no reason for the stock to advance now. We have seen many many many presentations from this management. Good luck
If CRIS is going to $6 by eoy, you would be better off buying 228,000 shares right now.....
Not sure what happens on the morning of April 20th at AACR; does someone discuss CRIS' abstract regarding the progress of 907? If history is a lesson, doubt the abstract is moving the price of the stock. I wonder if any of the patients being recruited at the Norton Cancer Center have been dosed? It seems pretty obvious that the fate of this company turns on the results of the monotherapy 907 Ph2 trial regarding MYC altered r/r hematological LDBCL patients.
For those that have been around long enough, Dan paved to way to bring Ali on board. So in a sense, Ali owed him. Now fast forward to this past year and Ali's never wavering insistence that PII for 907 would start by eoy (unless you read between the lines). If you remember the pps was kept up in December (I'd say based on that promise) meanwhile Dan unloaded like no tomorrow in December. Think that wasn't a payback from Ali, keeping his mouth shut???? Something to consider considering all the empty promises, falsehoods coming from his lips. Also if you haven't, I'd suggest to research how big of a market the MYC indication is. fwiw
My experience with this type BIO is its 1 in a 1000 that hit quick. More than half never hit, that's why understanding the science of what they are doing in reference to what is cutting edge for that segment is important. Even if the science is good it is a long grueling road to get things through this country, that's why so many look to the Europe to step themselves.
this is a small play. for those who want to make a few hundred dollars. Folks like bentbasin above are experts at surfing this one. whereas folks like me always end up holding for long expecting that eventually things will happen. So far other than Ali and Mohi singing the same tune over and over and over again at different parties.................they have done nothing to please me. We are still at Ph1 and hardly into ph2 after all these years.