There has been a base building for the last 8 years that the stock is now above. The long term resistance levels are around 5-6 dollar area, but what is interesting is that this next area that spans several years the average daily volume is under 10k. These bases that span several years are price memory points that sellers will offer their shares to sell. There is such a small supply at the level of 5-6 it not offer very much of a stumbling block, due to our current daily volume of over 1 million. This thing could get very crazy with speculation and drive the price to the teens if the right news came out. Would not even have to be by-out talk to get a really big run. IMO
Not trying to pump here, just sharing my thoughts on what could happen.VGLTA
wait a minute now, wasnt i called a baseless pumper by fellow longs when i put a 7 dollar year end price target? oh ya, i forget, i suck at picking price points on stocks, refer to my SA articles just how bad I am at it :)
I have saved that on my hard disk because it was very pertinent .
Hope it will help.
Thats what i ever write here on this MB
by only One Good News Antares Pharma Shares Boost Up
i can clearly say more and more buyers come to buy Antares Pharma
,, Antares Pharma is on Radar from Big Players ''
Over 5$ by end May
Over 9$ End of this Year
By a Buyout over 25$ come sure