I'm not a basher.Yesterday,Thursday I noticed at the opening that the price had dropped so I bought 1000 shares at $1.90.This was 1 day before Brexit became news.I now own 26,000 shares of Athersys.
Sentiment: Strong Buy
We've had some pumpers here trying to get the news out about Athersys, news stories like the international stem cell conference in Los Angeles but not much materialized from that story.Will PMDA approval start upward momentum?Have no idea.Lot's of science news here but that too has not moved the stock.My thinking only actual sales and bottom line results will drive the stock price up and not one time $15 million Athersys got from Chugai.
I thought we already had the big jump when Athersys reported their earnings.Then soon after the big dump occurred sending the stock price back down again.
During the last 2 years that I've held this stock whenever the stock has reached the current price level the shorts come in and take it down.This has happened on numerous occasions.
Do any longs think this will continue or will the stock start climbing?
I just hope a few days of price fluctuation doesn't turn into a longer period of price fluctuation.I also own SUPN and for almost a year and a half that I've owned this stock all it's done is it goes up a little bit only to have the shorts take it down a little bit.
No it doesn't but I am concerned about the current low price.Will we see $3.00 this week?What price will we have once we get fast track approved?
Have you ordered your new Bentley yet?
It must be nice to dream.We'll be lucky if Athersys is $5.by June.