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pSivida Corp. Message Board

  • rbrbisme1975 rbrbisme1975 Sep 15, 2011 7:27 AM Flag

    What aM I missing

    Low market cap of 95mil
    -With FDA approval they would get 66mil up front plus 20% of a possible 500 mil a year drug.?????????????????????????????????????????????????????????????????????????????????????????????????? 95mil cap? Really?

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    • You're not kidding, it is pretty tight. Only part of my order was filled this morning - not a lot of loose shares to buy. Have been following since the climb in late May, not knowing when the best entry point would be. Missed a few lows since then, but I can't see a significant downtrend pressure with the FDA date in the horizon.

    • Kitty, so you even made it through our customs here down under???? Bugger!
      No more PSDV stocks for sale. Only small players active. The real players are holding!

    • That is what I thought you meant. Anyway, I know this one is hard to pick up shares as it is razor thin.

      I looked for Mr. Rosey down under, noluck. Now I am back to beautiful USA.

      For the bet is the $100 from Rosey to go to "wounded warriors"? I thought that might have been mentioned.

      GLTA

      Siam Kitty

    • Miss Kitty. I'll try to clarify. Even PSDV, which is thinly traded has .15 swings on a daily basis with 40K traded. If you had 500 to 1000 shares in you're position to just day trade on the swing, you'd be lowering your basis a little on the balance of your shares as they sold for a little more. This ever decreases the price you paid for the rest of your shares you intend to hold for true price movement. If you look at the last run up to $5.22, you'd see traders made that happen, they were in and out in 2 weeks. They were not true longs, they were taking advantage of the run up expectation.....just a little early. This stock is hard to accumulate, however. The next 38 days will have many early day buyers.....like today, which sold off on 30K shares traded. Just wait for the volume to pick up. If the stock drops to $4.30 jump in a little at that price to trade at $4.50, this only decreases your basis on what you really intend to hold. It will happen. We are lucky with PSDV however, there is little institutional positions being sold....not bought......but wait. They'll come in soon. It will make $4.30 look like chicken feed. Are you still down under?

    • <If you had an extra 10% of your shares to trade on the swing everyone lowers their basis on the balance. I don't like the way it happens but it just happens that way.>

      Mick, Siam Kitty wants to know what this means?

      Are you saying everyone should swing trade 10% of their position?

    • Well, PSDV will not receive 66 MIL, they'll get 25 MIL. upon approval. They will however, as you mentioned, profit share 20%. If you're correct about the sales potential of the drug(500 MIL/year) then the stock price should increase 5 fold, and have a market cap of 500 million. It may take a couple of years to build the Illuvien sales but
      you're not missing anything. If they don't get approval, for whatever reason, the stock will tank and they'll have to dilute to raise capital. I'm a bull.

    • PSDV has always been a real head scratcher to me. I don't understand why the stock isn't higher they have alot going on (not a one trick pony) and gobs of cash. Under 5 is a steal.

 
PSDV
4.46-0.07(-1.55%)Jul 31 4:00 PMEDT

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