I tend to agree. I think they have a good shot at it. Technicals are attempting to portray something positive. But where the FDA lives, there is always SNAFU potential. Tobin for once please....PAY FREAKING ATTENTION TO WHAT IS GOING ON! Good Grief.
As bad as I want the stock to run up fast, its going to be a slow, methodical ride back up. At this price, the stock is an absolute steal, but you can't fight a trend. I think last week signaled a turning point...yes, I've been saying that for 2 years. Short interest is somewhat down, the price dropped to a multi-year low on very little volume (capitulation...which is a good thing long term) and there was the first hint of positive news with the annoucement of earnings growth in the 18% range. Company needs to get a decent, stable quarter out and finally figure out what "investor relations" means, if this company has such a dept. they have to be totally inept/derelict. $15 by mid Feb.
Yep. Positive action yesterday being killed today. Amazing. And its not being done on heavy short interest either. Just the debacle it is. Why isn't Tobin doing the upcoming conference. Going on vacation is he? HAH! What a joke.