I bet no chance...seller shows up everyday with size...Unless ken can pull out some real piece of tangible news we are screwed!! even then maybe we rally to 3.50 ...great job ken and clown board of directors ... looks like we eventually will worthless and bought by fmi or cgix for a few million dollars..pathetic
I agree. It is a hedge fund trying to shake out weak hands. Once the bottom has been reached, they will start buying back in. It's the usual manipulation of a stagnant stock. On the bright side, the signs are obvious enough.
It isn't the selling. It is the lack of buyers that is pushing the price down. Two sides of the same coin? Not really, since a strong base of willing buyers would provide a floor to the price, especially on light volume.
another poorly managed cancer of Unknown primary bites the dust.....and who buys the pieces for under 10m? cancer genetics....now a better company with better mgmt. competing with us directly....awesome
"I predict cycling from 2.5 to perhaps 4." After bashing some guy on here unnecessarily to make yourself feel smart or important and telling everyone "C'mon I'm an Engineer and only deal in facts," Then asking the guy you bashed to "Prove me wrong wrong with facts," you come up with a prediction? Based upon what? The mouse in your pocket? Nobody cares about when you got burned or your broker experience or your needless bashing, and of course, I doubt even you care about your own prediction.
OK I did some history to prove my point: (you can't hide from facts with rhetoric like Politicians do or try to by the way - Investors "are not" as stupid as the typical American who votes based on gut feeling, prejudice, ignorance, fear, ...).
The volatility has been pretty obvious for 2 full years -
Aug 2013 - 3.3 pps, Nov. - 2.4, Dec. - 3.2, Jan 2014 - 3.8, Mar - 6.5 (missed this one), Apr - 3.6, Dec. 2.2, Feb 2015 - 4.8 (got this one !!! made a ton), Mar - 2.8, Apr - 4.2 (got this one too), Aug - 3.0
(you can see that for 2 full years the cycle has almost predictable and definitely the low range is well defined so buy low/sell high is common sense and easy to predict - of course if you weren't paying attention and bought at 3.5 or so you needed to hold and blew opportunities in the mean time, but if you bought around 2.5 it was easy money). Again do your homework before posting. These are facts !!! Even today you could make money - it has dropped to below 2.9 and moved above 3.0 already. Again the delta is what counts and I am sure you know that. You can short and make money too so stop bashing the longs... of course if you short you have to deal with the time limits and that's risky. Perhaps that is why you are frustrated??? Just curious. Playing the game long is less risky (well day trading - guess I'm not a true Long at all). Less
Sentiment: Strong Buy
Obviously you are misinformed. Your comment "everyone in this stock has only lost money" is wrong. You need to carefully choose your words and do a little research instead of just posting wishful thinking. I made money - this alone blows away your comment and I'm sure I am not alone. The volatility screams "make money" and I do and have. It may not have always been the case, but it has been for at least the past year. Look at the history. Who did NOT make money when the share price recently shot up to $4 (I owned shares at around $2.50). I sold over half then (should have sold more I know). Do the math. I know you are a Short and this is frustrating, but of course you should be making money too since the volatility goes both ways. Don't show your frustration and ignorance it gives you away. Even in the last few days it has bounced from a few percentage positive to a few percentage negative. If you have a lot of money to play with this is significant. I have done this with a few other stocks and "never" lost money on these. The key is to study them and pick them well. If you don't you can get burned. If you buy in high not knowing the trends you get burned too. As to the Management I would prefer a bit better, but I've also seen much much worse (Amarin previous management for example was a total disaster and comedy of errors and stupid public comment). I got burned on Amarin because I listened to a very foolish greedy (and incompetent) broker (who fed my greed too I admit). Never again. I trust my own judgment now and am doing well. Just keep shorting, but be honest and realistic. Your greed is showing. The history is there and it sure seems to me that this isn't going to change. I predict cycling from 2.5 to perhaps 4 even for a while and will take advantage of it. It's time to buy now (or close to it... it may dip lower, but not by much). Lying to the board? C'mon I'm an Engineer and only deal in facts. Prove me wrong with facts
Sentiment: Strong Buy
bashers?? Shorts?? great real..how about depressed shareholders...you are kidding yourself and lying to the board..everyone in this stock has only lost money....mgmt. is the worst....even at 2.95 10k shares for sale..only question now is when do we break a buck and do another reverse split
Investors in ROSG should note the following. 'Unless' the trading volume is very high it is foolish to sell when the share price for ROSG is going down. It is a very volatile stock on relatively low volume with a range (for quite a while) of from about $2.5 to $4 plus. There has been no negative news and only positive so there is no real reason to "bail" as bashers/shorts want you to do unless you just need the cash for something else and it is when ROSG is up from where you purchased. If it is going down and especially below where you purchased (if you purchased in the current range) it is foolish to sell. I have been making a lot of money on this stock just by playing the share price volatility and I "always" keep a core amount and don't sell low period. Check the history. This is my strategy and only sharing this FYI only. If you are shorting that's fine I just respectfully believe longs who sell are very foolish investors at least unless/until there is some major negative news which is always possible with any stock especially the risky Biotech stocks and small startup Companies. Today I'm planning to accumulate by the way. Just gauging where it will bottom out. When a stock has this type of volatility on low volume it is an ideal stock to "game" (of course the Company has to be a relatively decent one which I believe ROSG is). I do NOT recommend this with most Marijuana stocks which have tremendous volatility. I am watching multiple stocks in this field and many are extremely risky and have almost all done very poorly (especially those in the growing and distribution area - a few like GWPH are doing very well, but this is a true Biotech using MJ based on the chemistry for specific treatment options).
Sentiment: Strong Buy
Don't ask me. I have no idea of how much you can afford to lose or hope to gain. I do think you need to ignore sunk costs. How much you paid should be irrelevant to your buy-hold-sell decision now.
When you are losing money, buying back shares serves only to increase the loss per share. The more they buy, the less the shares are worth.