Couldn't wait. Not worried. I know I said I'd wait until 5.15 but I think there will be an intervention at this level. Citigroup and Piper who recently bought 1,290,000 shares at 5.25 will not be played fo suckers.
The "Street" downgrade was also as useless as it was comical. Translation: "We're downgrading becauase the company has no debt and did very well last year" WTF is that?
This company will rocket. Perhaps not tomorrow, but we're seeeing lows below the 52week lowest on a company that is healthier and more promising than ever. Phase 3 trails will prove superiority once and for all and bring billions to the TSRX table. It may take months, but I will never regret this decision.
Yes, I'm a pumper. But at these levels, there isn't much else to do. Happy hunting!
The "who is sellin so cheaply?" question is a good one. Anyone who sold at $5.19 makes me wonder when they bought, or were they IPO stock holders with no patience. Perhaps it was a trust fund kiddie with no brains. Hard to say, but it is a curious thing.
Yup, don't know anything about Blue Horseshoe (Investopedia could tell me). But bottom is best. Don't see any fundamental change in the company since Dec., and, like you, think the accounting issue should go by the by with slight adverse consequences.