30% move in 2 days on no news. I don't think this is short squeeze as the short interest wasn't that big and the stock seems pretty liquid.
I also don't think this is because some blockbuster news is imminent.
I just started following this stock the last week. There's been a little chatter about it on these boards and in the finincial press. I think this is a little bit of trying to hop the train before it leaves the station.
I think we see some profit taking within days. I might have to jump in befor ethat however.
We may be seeing profit taking today. Note that the volume is high, but the stock isn't moving much. Suggests to me that we have large buyers and sellers. That possibly indicates that when the selling is over, we will see a move up again.
If we don't see a new high here on this day, then look out below. Would you like a parachute or a trampoline? I see a launcher in plain view. Trampolines make you a lean, mean, money making machine.
Wakeup and do your DD and go back 1 year, this isn't one of those blowing and going hype stocks. If you are a real investor this is something you might want to look at, if you'r a hype and run guy look elsewhere.
I don't want to sound irrespective but there are a great many yoyo's wandering in and hyping. If your real WELCOME.
long and strong
Because the pullback might not happen until $3+...who knows. The pullback might only be 10% and that would still put it above today's price.
I think we see it retrace a little. I do want to own this thing......but I'm not exactly sure why.
A cyclosporine/pred combo drug doesn't seem all that big a deal to me. I'm a healthcare provider. Both drugs are readily available separately and can be given in combo (but usually aren't) if necessary.
Is it their technology? Their other drugs in development?
What else is on their agenda?