i want to add but it keeps going up and not down. i have to patient. i won't buy if it keeps going up cause i don't like chasing stocks, even though that might be the correct strategy here, like it has been with ACAD. I will probably add if it dips back to 9 to 10. I could never get there. god only knows.
Tradingexpert, I was about to hit the buy bottom when RMTI dipped under 9. But I did not out of concerns of patent issue. Do you know much about it? Ferric pyrophosphate soluble made by Mallinckrodt Inc., St. Louis, MO,USA was used in trials long ago.
I am concerned that RMTI run into even worse problem than what AMRN faced on their fish oil.
What you know about how can RMTI prevent a clinic just buy it from Mallinckrodt Inc? The chemical itself is dirt cheap.
ACAD was not without stock price volatility, albeit went up 6 fold. We've seen some volatility here in RMTI as well and one should expect it to continue.
I've recently moved heavily into cash as the markets found resistance again and believe a stiff correction is needed.
LONGS here shouldn't get to complacent, especially given the very large short position here. Longer term I believe RMTI investors will do very well, but one should keep some dry powder available to buy shares much lower, "IF" the stock gets manipulated down hard.
I'll never forget what 3 short funds did to DNDN in 90 seconds, with the SEC doing absolutely nothing to the illegal manipulation. The stock tanked from 24's to 7's before SEC halted in the 11's. I'm not saying shorts will tank RMTI's stock, but no one should be surprised if shorts attack here in a very big way.
I'm also long ITMN, SRPT and KERX.........best of luck.