You guys seems to forget one of the golden rules of stock trading - "Buy on the news, sell on the rumors"
Sure there a lot of rumors are going around and this caused some hopeful investors to jump on board yesterday but the point is, without actual good news, this will again go down to $1.30 area where it found a good resistance. There is nothing to sustain it at higher levels but the rumors. I know I wouldn't trust my money on someone telling me that EU approved it (which is clearly not the case, it was not even submitted to Europe yet) or that company is going to appeal to FDA, or that aliens came to visit Alimera and dumped $5,000,000,000.00 on their steps.
Just saying, be smart with your money and learn when to take a profit, don't get too greedy
Ya just like it was also sold off at faster rate, hence the price decline. Where did you all learn how to trade? Please tell me so I could avoid it. The point is, you guys are forcing yourself to find something good about your investment and not being unbiased. Can't trade with emotions