Trading After Insurance Company Rejection for Reimbursement
I've noticed that in other stocks that rise on the expectation of a device, a test or a drug that they expect insurance company coverage for, when that fails to materialize, the stock goes all the way back to where it was BEFORE there was that expectation. As many of us are continually reminded, most of the "regular" troll longs who pump here bought in for prices below 1.00. Does this mean that if we fail to get reimbursement by large insurance companies or even governmental agencies such as medicaid, that we could go below 1.00? Or do you think we'll see more like 3 or 4 dollars?
Just wondering aloud....
Shemp, just blow on them. Right now 12.00 is looking like a mighty fine selling point to me. Still, they're hanging on by their fingernails but it's only a matter of minutes. Just a light breeze oughta do it and it's ahhhhhhhhhhhhhhh!!!!! LOL! !LOOOK OUT BELOOOOOOOOOOOOW!