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  • ttc_das ttc_das Mar 26, 2008 4:24 PM Flag

    What is Wrong ?

    What is wrong with this Fucking stock? Day after a good earning call, it is down.

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    • Small cap biotech is dead from a retail investor standpoint, and with the price and volume at such small levels, no institution can touch it. This is one of those stocks that will muddle along until a certain milestone brings some niche institution into the market and the stock will double in a heartbeat. Assuming their technology/products holds the promise described in the recent earnings call, a double will be just the start. If they secure a meaningful partnership for Alocrest (i.e. decent money from a notable partner), that could be trigger to bring an institution in. Patience will be rewarded here, IMO.