Exactly right... It's in no-man's land right now, yet sitting at a good spot for a quick gainer.
Know what you own:
This could have a market cap of 100M or even B, and there would be the same boring arguments... Fact is, there IS NO Biotech with this low a MC and has approved drugs.
If you are harping on this company's negatives, you bought/sold the wrong stock: Stick with stocks at 1B MC plus and watch em creep up or down.....
Fact is, MOST of us are in this, knowing the risks and loving the acheivments.... when it goes, it'll GO. IMHO
Wow- I did read it and was devastated. How you can see positivity in this is like spinning good in Bernie Madoff.
It 's not perfect.. But find me a perfect stock with less than 50m Market Cap and some real stuff going on. If too nervous with this one, you're playing the wrong game.
....... when they do, it's going to react like a stretched rubber band........ SOOO obvious - I put a bid in for .49 and it goes down to .491 four times in an hour......... It's gonna shoot real soon imho
.......... I'm no financial expert, and am maybe not seeing this as the positive it may be.... Please, someone, enhance my vision on this - to me it doesn't fair well.
Long here as well.......... I'm betting a ton on integrity of their own PR- who I called yesterday...... Plus if it's good news, a company almost NEVER posts it late on Friday.
I talked with PR... Either they will prove that Jock is right or they will prove Jock is a blow-hard. If they are being truthful, the 10k is out today and the Q a week from now..... Either Jock will be validated for ALL said OR he will be forever irrelevant forever going forward.
I've been burned on stocks I fell in love with and trusted, so I'm VERY careful... When INO brought on a well known staff AND a hiring spree AND Insider Buying AND one public trial after another with very optimistic results, I've come to the conclusion INO is real AND on the ground floor.
That said- $25 is honestly a disappointment - I'd love the instant reward of doubling but that would go away just as fast if JUST ONE IRON proved worthy. JMHO
I wouldn't say it's too early... Biotechs typically get bought out between the end of P2 and beginning stage of P3. On top of everything is the endless irons in the fire..... Have you heard anything or is this just blurtation?
But feeling uneasy having so much the line with a pending 10k/Q that just seems unclear. I've trusted these situations before..... Today's news only highlights the fishiness........ I'm out at .83, but watching.