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AcelRx Pharmaceuticals, Inc. Message Board

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  • titusmabon titusmabon Dec 6, 2012 10:29 PM Flag

    Where is the news on secondary price?

    Timothyc121855- what do you make of this? I am in pretty heavy with this stock at an avg of $3.85. Surprized at the last week drop. This $3.31 seems like a steal. What are the chances I get whole again by year end?

    Sentiment: Hold

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    • You will be fine. I would almost say don't pay atteention to any of the "noise" you read here as this will be mostly bloggers hyping for nickels & dimes (both ways). I would guess that this can easily work back to the $4--maybe $5 level in quick fashion. This is a story that has a limited institutional audience so it will be subject to crazy swings---as you have witnessed (I sold a week+ at $5 area). Maybe there will be some additional research coverage & sponsorship but it's tough for the micro-cap $100 mil small cap sector
      Remember that this is a spec play that needs a lot of help to get to the next level. My guess is that if ACRX can hit a few more milestones that the venture cap guys pray that big cap Pharma provides an exit strategy over the next 1-2 years. For the forseeable this is a trading vehicle which will remain volatile----so don't fall in love with the stock price or the paid articles that come out of the seeking alphas.

 
ACRX
3.48+0.06(+1.75%)May 27 4:00 PMEDT