All very true, I just wish I got into OXGN before that 51% jump! Unfortunately my funds never settled...reminds me of the 66% jump YMI had a few years back, when it was still small and little to show for, but now it's a BOOM. Such a low market cap though tells me OXGN has potential for growth, but I need to look more into that stock, should never invest without good DD!
"A market cap of 25 mil on a stock that's $3.5 means to me there will be eventual dilution, probably several, and that is what I am referring to. Especially with such few shares outstanding."
Now I get your point: dilution! Well, that is likely to occur if the company is short of cash.
In the the long run, though...the bigger question...and issue...is: how much is this company worth? Is the pipeline worth more than the current market value? Are the upcoming ASCO results fairly priced into the current market cap?