as long as the CEO can keep delivering the continuous failures and bad news we can even see 5 cents. even the new management appears incompetent. since the CRL and almost one year time passed there is no plan, nothing concrete, dilution after dilution, failed trials, no partnership, ever declining pps and still the CEO does not resign.
I hope we don't have to wait till December either. I would hope by early November they wrap up their source for the analog API. I think Biodel is very much on the right track so it is just a matter of time for it to all work out.
I hope yesterday's gain was not just a one off, in theory this company is potentially very valuable, only time will tell. the staggering losses i had because i trusted in the theory of biod can only be made after many days of gains like yesterday. i have 32k shares and my entry price was 2.8 average! didn't sell through the CRL and throughout the recent ordeal..