I don't know anything about ACHN. However, nice action today. I hope you bought near the open price. The volume is a little low for me. I prefer a stock with a volume of 2-3 million, easy in-easy out.
it is not under $1 but I think it looks good, as far as I know they have two pivotal PIII
BUT this company started at 2003, as I understand (IMO) they will have to have complete PIII this will probbaly take 2-3 yrs?, Also I need to check the results from the pivotal phase III
IMO, if they have good results in pivotal pHase III and planing complete PIII, and assuming they have enough money to do that then I think it is a good invetment BUT this dos not mean that I will jump on it, I still need to check patents (I do that by going to www.uspto.gov) and some more related issues, such as how many Phd's they have who are the researchers? who is on the advisiory board
I have a long list of questions for doing DD
if you like I will send you my method
It is hard, highly statistical but IMO it is a good method