OK, not really good for overall economy...but I am still looking for entry point on the TSRX from initial posting.
Any chance it will go down to 5.10 or so? With this sequestration event looming ahead, who knows?
you really think the Feds will turn off the printing presses? It's political rhetoric at best. How else can they deflate $16T worth of debt without devaluing the dollar? It's become a blinking game. Japan blinked first.
As to predicting an in, I was buying when TRSX was an easy ride up back in Sept. We where in the 6's then. It's had a downward tragectory since last year in Jan with a slight reversal bfr dilution of $4.75. The low public offer was touted as the company's concerns that the coming "sequestration" event would dampen stock prices and the company's phase 3 results might not ???be able to garner a higher interest. $5 was the bottom and we've gone up since but my guess is a 5% correction could be possible although Brandon would be the expert. Unless of course results are bad...but there is no reason to suspect given positive phase 2
the problem here is management is complacent and is sliding this along without any interaction with retail. Big daddy Bayer has been pimping their ride so it may appear nothing will happen but when it does ,,,to coin a phrase from Kitty "KABOOOM"
Come on Brandon wake up ....we have guests at the lodge!