what will be the realistic and very conservative price range if it gets Approved
Why are you blaming those "content with 10% daytrade gain"??? Nothing wrong with it, all of us, but ALL OF US here are in for trading that would yield a gain... Whether is is 2-3% per day, or 50% in a (lucky) day.
The old-time term "investing to be a proud shareholder" is obsolete, in my opinion.
Does anyone here, on this board, is planning to accumulate to someday have a word at Cardium?? No, any one of us here is trying to see more or fewer shares at a higher price than s/he bought at.
tr, i do not blame anyone for taking a profit...i am basically staying within the thread content of what i think a realistic pps is after the news and why...i am simply saying this is whats been going on and this is what i think will happen when our product is cleared by the FDA, so even though i also want a bigger pop, i cannot fight the market trend and i will basically PLAY ALONG WITH THE TREND...if we reach .60 pps on approval/clearance, i'll be happy to sell at 0.98-0.99, if we are at .43 or so, i wont complain to take profit at .80 pps...in the meantime some people will be content with a 7 to 10% profit daytrading this while theres no news, i have nothing against it, noone can fight it---but one can just play along with it---i'm not good at daytrading so i'll wait for the news, i have my mind set we will fluctuate between .43 to .52 till we hear from the fda...