It amazes me how so many idiots believe that EVERY stock that rises this way HAS to come back down. If this stock was up due to news of something that wouldn't have a true affect on valuation, I could see shorting it. But guys, this company was only trading sub $1 for so long because no one really followed the company. Now that it has been EXPOSED for what it truly is, with the type of pipeline that TRULY warrants a $ billion+ market cap, the stock price is simply on its way to catching up to its fundamentals.
3 POTENTIAL BLOCKBUSTERS, BIG PHARMA TRIPPING OVER THEMSELVES TO STRIKE PARTNERSHIP DEALS, NEW ANALYST COVERAGE AND RESEARCH REPORTS HITTING THE WIRES AT LEAST WEEKLY, PRICE TARGETS 3+ TIMES CURRENT PRICE, AND THE POTENTIAL ANNOUNCEMENT OF ALL SORTS OF NEWS/CLINICAL UPDATES THAT COULD BREAK ANY MINUTE..... THIS IS NOT THE STOCK TO SHORT!!!
Seriously, how much downside are you betting on shorty? 10-20 cents?! There has been incredible accumulation the past 4 trading days, and the float is extremely small. Any significant news and this thing could tripple in a day! WHY would anyone take such risk? WHY would anyone currently long sell at these levels? This is an investor's dream guys! We've all looked at charts of companies that have gone up THOUSANDS of percent in a year, and we ALL wish we would have bought at the beginning of that move. THIS IS IT!!!!! Buy it, put it away, and make the biggest hit you've ever made! I'm long 35,000 shares at $0.80. I'm buying every dip I can.