$9.52 will be a 20% retracememt from the $11.90 high
We are about 15% now so we are right on schedule to have this stock explode the upside right in line with 20% down alongside good news catalysts. It's a shame that part of our gain will be a retracing of our losses but that's how it goes in bio tech land
It's only a loss if you sell. And a larger gain if you buy when the stock drops like this. Everyone was saying the same things 2 weeks ago durinf the shutdown, and ask anyone who bought during the drop if they're sorry they did. It was a great time to buy, just as it is a great time to buy now. The roof has been raised, the target prices are higher, and there is absolutely NO negative news or reason for the drop here other than the impatient and the short traders letting the stock drift----until it POPS again.