this should easily be trading over 1, how come its not????
Don't take it personally, but you obviously have never invested in biotech before. If you do this more you won't have to ask these questions, or you are so dangerously naive that you need to stay away from this market.
Two words, market makers.
You can thank them later..
Sentiment: Strong Buy
Glad to see that you're keeping with the usual sophistication of that invades this MB.. With all those highly touted schools in California, is that the best you can do?
Where did u pull this figure of "1" from? Out of a hat? Do you understand market Cap? How it is arrived at? How are valuations arrived at?
The simple answer to your question is; the investing public does not believe it is worth a price over "1"