we have been at these price levels for 13 years. Whats another 10 or so. Management needs to answer to this. Change is a must!
Robots trade this perfect. An option writers dream! Will there ever be ground breaking news on this stock that will move the price above $7... Not until management learns how to promote its company's share price.
Ok that is one example of thousands of public companies. That is not the norm but the extreme rare case. I will tell you this much.. If you look at the 2 year chart this will be the 3rd time we attempt to break thru the $7 price. If we fail it will be months before we see it again. jmho
Not in the biotech industry.. Their FDA approval should of taken them to new highs but it didn't even move the needle. That doesn't happen very often in this business.
So you tell me why is the stock still only $6.. You are making my point for me and you don't even know it
But according to some people this management rocks! OMG 13 years at the same price. That is pathetic.
Look at the 3 year chart going back to May 2013. This has gone sideways for 3 years with all the success this company has had. This stock should be 2x's where it is now minimum! 3 years! It is going to top out here again in the $6.50 to $7 range and may sell off again. You must hold management accountable. 3 years with no change in the stock price is unacceptable! This is an option writers dream! jmho
I think until management is changed this is going to trade for far less than its real value. We need agressive management willing to market itself and talk up its share price. This stocki should be over $10 already. jmho
It will need multiple days in a row with that type of volume to continue its leg up. If it does not show good volume tomorrow and the next few days it will sell off. Just the way this trades. So we will see.
Dude I don't spam every board imaginable like you. I am not short I bought calls last week and that is it. I will not own this stock until it is over $7. Keep supporting those idiots in management and you will have this seesaw in prices forever and you will be a hundred years old talking people into buying this as it goes sideways for years. just a thought
I haven't seen anything
be careful here. Institutional short covering and nothing else, imo. I think this needs to move above $7 to be considered for a break out. This could drop once the short covering is done. On the other hand institutional short covering sometimes, and I state sometimes means there is news on the horizon. I bought calls but won't touch the stock till it is above $7. jmho
Maybe management can say something stupid and talk this stock price down. It is going up and management doesn't like that.. LOL.. I believe these bozo's need to go. Maybe they can vote these jokers out. I doubt it but that would be the best for the company. This company needs to market their products better and their stock price. jmho
that is because it is a short covering. Institutions cover their shorts on down markets. They do it slow and steady. This still needs to show strength when it nears its 52 week high. It has a hard time when it nears resistance. jmho
Yes.. Good observations. This management sucks! I have told greatdayisback a million times that this management sucks and has no idea how to promote their product or the stock price. Just a flipping joke!
I think you see many large orders come in into close. I think they just shook out the day traders early because most of them use trailing stops.. Let's see if I am correct.