I'm not in this one but really surprised how it is rallying... especially when the market is selling off..... hum. must have been something real special said in the conference call....
They seem to be pursuing something of an Amazon model and given they are so new I think they are correct to keep sales expense as high as they can. So far the sales growth seems to indicate they have made the right choice.
Sentiment: Strong Buy
We shall see, price is almost half what it was before so I have a hard time believing it will fall much more. I'm still trying to understand how a junior auditor can cause so much trouble... As an old CPA I was too busy deep in the details to see much of any significance when I was a junior... Oh well.
Interesting how the earnings are announced and then there are not one or two but three shareholder notices....so much for another good quarter... I suspect there are some lurking in the background who want to buy the stock cheap.... hum.
Not sure about the 'dump' but with a biotech with no earnings but with a couple of promising medicines I expect lots of fluctuation. I think if you believe in the company you buy on the dips and occasionally take some off when it runs up but maintain a low basis cost while waiting...hoping for the big breakthrough. Not sure how else to approach a small biotech.
Good luck I bought a few puts as it seems the stock is way ahead of itself... phase II results are a long way from success.
I don't know about cheerleaders... these folks seem to be getting results so a small public offering for $300 mil to continue research sounds pretty good to me. I'm a buyer especially after the run up a week ago.