Shorts might need to cover in a few months to several months. This is going to drop at least another dollar. The question is the Oldtimers. Most have probably sold 50 percent leaving at least another 10 million shares. The market continues the way it is and they will dump those remaining shares. Under a buck in 6 weeks is my guess. Then a long wandering in the wilderness. 5 years NAVB might be back looking at 5.
Truthfully, it's posts like yours JB that gives me some of my soundest piece of mind, as a long. I'm serious. I have all the confidence in the coming events which will, eventually, catapult this stock.
But, when I see people like you (who I assume must be paid, but even if not), so obviously scared that they'll make simply ridiculous statements - I know the upside is better than I can imagine.
Agree. If you have time and look LONGTERM, this is a great opp. The current PPS pressure and decline is temporary IMHO. If mgmt continues to execute as they have recently, then expect good things to come. It's hard to see this now as we sit near 52 week lows, but things will change down the road as LS becomes the gold standard for lymphatic mapping in almost all solid tumor types. This will be realized over the next 1-2 years and then the pipeline products (which look really good right now based on available data and industry expert reviews) will kick in...
It sucks to hold dead money right now, but sometimes that is the price you pay when you're an early adopter.