Well take look at this stock? Is it terrible? I think all the holders who have been patiently waiting must lost so much money.
Why this is happening? Well it is simple. Company is not making money but spending so much for R&D. Well how is the outlook? well all their medicine are in phase 3 stage, so they will not make make money. Well if so why you buy this stock? Well, the company like this is so called venture capital company waiting for some company to join or take over. So what happen then.. We know the stock will go up about 5 times or more after the news. This is gamble, if you wait for the news, it is too late. so you must buy before news. Well how do I know if any company is buy here? No one knows. But as long as company is not short of money and have a good system with this price of the stock.. It will happen soon.
Well, the stock price now is historically low. Considering the value of the company compared with four or five years ago, I think it is worth to be taken over anytime soon. Why? Well the company are in progress of many medicine and it could be worth something.