The stock price closed below its 5-sma today. Price will likely go lower; very possibly substantially lower. I sure would NOT succumb to, nor in any way be deceived by the hype or the pump that seems to comprise a large part of the daily fare on pharma blogs and pharma message boards in general. Successful investors learn to separate out the facts from the hype and the pump through their own diligence and good judgement. Disclosure - I presently hold no position in the company nor have I held any in the past; either long or short. I will also do some serious diligence before any long term investment in Osiris Therapeutics.
well, I really don't think 27 million is a heck of a lot of money/ war chest.....can burn that rather quick just supporting daily operations.....and currently they do not turn a profit...... hopefully for your sake they can crank up that printing press