I think without any new news coming out, AIS will sit within this range (1.75ish)for the near term (next 2-3 months). The company took a HUGE blow, but the fundamentals are solid. Watch for the next spike towards the end of Jan/Feb time frame when the patent lawsuit comes into play. I fully expect them to be profitable by March.. Just another opinion..My guess is high twos by March
I've had this stock for a while and it is a slow moving stock. I hope it goes back up sooner, but it seems like there is no immediate catalyst to make it react. Knowing how subdued everyone is (including the CEO),who I still THINK should make some sort of statement to re-assure shareholders, my thought are that it will take a while for AIS to come back. AIS was/is still partnered with BPAX and however hard everyone wants to believe that Libigel was of no consequence to AIS, the truth is AIS was counting on it to succeed as well. In hindsight, I too was blown away by the sexiness of BPAX/AIS solving what big pharma could not and should have shorted both prior to results, but lesson learned. Now I have a bunch of shares of AIS and none of BPAX and will eventually see the high twos in AIS, but it will take time.