No, SCLN is a shorters dream, it is a stock where a single article can whack the price of the stock down from $7 to $4. So, that's what's happening here. When it hits $4, it is allowed to creep back up to $7, after which Seeking Alphas or some other hitman analyst will whack its butt good, and it goes right back down to $4. We are now in the $4 to $7 range, increasing. No one will whack it until it gets above $6 1/2, at which time you will see $4 again. So, it's just a RINSE AND REPEAT cycle. The rinsing has been done, we are now repeating.
Hey, VODKA!! If other Pharmas show as much interest in SCLN as we see on the board lately,
I don't think so.
I hope I am wrong, and somebody comes in with a hostile takeover. Remember, we have a 'poison pill' with a target of $25.00/share. Oh well, I guess I can dream.