Why? Just because? Do you have any fumdemental reasoning behind that statement I disagree completely. The fact that Dacogen revenues no wseem somewhat secure and predictable will set a floor for the stock of I believe 1.50, I believe the stock will be at leasr 2.50 by Aug 1. Lets see who's right. I would like to hear you reasoning though.
Listening to this message board, people are overly optimistic and have puchased many of shares at these levels. A lid has been tightly secured. Some people have already said they hope the price will go down so they purchase many more shares. Your wish may come true, just be patient.
The level 2 platform has a lid at $1.82 and $1.88. The options are showing 1.58 put to call. I think it was .58 prior to jan option expiration. Then we had a large spike in volume and price going to the $2.25-$2.50 range. I believe they shorted many shares at these level and we'll not see daylight for a few month if any as the market will turn toward the downside in the next few weeks heading into late April.