In a sizzling hot recovery rally with small cap biotechs kicking ass, IDBE gets zip. Oh well, I don't really care since my SCLN has more than made up for things. I got a fill on Monday morning for $5 7/8 and it closed today at $10 1/16! Not bad eh?
compare IDBE to BIOM or SCLN. IDBE has a much longer row to hoe to get to where the latter two are today. Look at the bright side, these companies are examples of what we can expect in the, hopefully, not too distant future. FYI, I got a bit more at $3.75 today.
I didn't say that I had given up on IDBE. I just indicated that it was was sad that IDBE got zippo on a day when the NASDAQ had its largest point gain in history. I know, however, that things can change around quickly and when you least expect it on the NASDAQ. I suspect that IDBE is overdue to make a move, but it isn't obvious when that might happen: tomorrow? Next week? Next month? It's tough to say.