Something is going on....
Trying to hold tight, CYTK has the most promising pipeline in the small cap Bio space. Incredibly undervalued, just doesn't make sense.
CTIC has almost a billion dollar market cap with one less then promising drug..
CYTK has potential to be a 5-10 billion dollar plus company with their piepline and partnerships....
should see a $8-10 within 6 months
I'm just curious why you think you should be able to fill it lower then 2.80... you may be right but I don't think anything really changed here.
People trade on meaningless headlines, They specifically said over a month ago they were phasing out of onco...
It's traded 36,000 shares in extended trading, obviously it wasn't that concerning. Looks like small time retail traders.
This is old news... I wouldn't classify it as being bad!
The stock dropped from 5.50 to the low 3's basically because this already announced that they would resructure R&D...
It's all about the Amgen deal and the skeletal and muscle drug developments which has massive potential with such an aging population
Well, regarding my earlier comment ("If there was something really bad that leaked causing a drop like this, that bad news should have come out by now"), from the prior drop it sure appears like news of this leaked out some time ago.
"It certainly looks like a lot of panic selling to me."
That's my point. If there was something really bad that leaked causing a drop like this, that bad news should have come out by now. The investor confidence level is falling and it appears to me that investors are setting stops that are being taken out. The stops at 3.00 were hit by a truck this morning. Each time it falls like this, a lot of investors who are upside down and fearful of further drops are taking losses. This message board is dead. If there was any real interest there would at least be a lot of pumping and bashing.
IMO, people need to go back and review their DD and the reasons they invested. Is this time to sell or a buying opportunity?
200 dma was 2.93
There could be a lot of reasons why were down here.
The fundamental story is in tact , panic selling, acuumulation , tax selling,
looks like shares on sale to me. It's painful to watch, I understand. It's never easy.
HGSI was beaten down badly before it jumped from 3.50 to 20 almost overnight
disclosure.. long 8,000 shares at 3.15....