Betonbio..always appreciate your thoughts. We all know that buyout or global lucrative partnership is going to happen for SGYP,management has stated this several times even though I believe they would prefer to sell or in the words of the chairman and CEO "clean exit" It is pretty straight forward how a buyout will drive this stock to 15+/share. My question is how does a global partnership drive it that high to the upside? Is it an upfront cash infusion or something else? would appreciate your thoughts... Thanks
The weak hands have disappeared. The price action is too boring. The excitement is in the indexes and other stocks. This board and the stock are very calm. Everyone is waiting for news. Volume is low. How long will you have calm seas with a tiny biotech stock working on a big drug. Patience will be rewarded provided the news is good. If volume stays low, the traders on the long side will have a problem getting shares of any size when news hits and then it becomes a matter of supply and demand. That said, will have to see how SGYP responds if the overall markets tanks in the near term. I would like to see us hold in this range on even lesser volume, if not inch higher.