looks like we might base above 4 as we await news. Happy New Year.. blessings everyone.
We're in a consolidation pattern. The bio space sector is seeing some headwinds. I believe we could trade between 4.50 and 5 until we get some news. TA is not necessarily the best tale of the tape on small caps as their news driven. Although, the daily chart and tools like the MACD and RSI can help explain accumulation and distribution. Remember folks their is a big difference between trading and investing. If you like the story here and have conviction hold it and potentially add on pullbacks. Regarding all the short bashers / the fact is that people rattling the tree on this board might control .00001% of the float thus there just bullies and nothing more . put them on ignore. Yet, I must admit their are a lot of posts about the stock going to 20 and greater. those are concerning to me as I'm a contrarian by nature. The bottom line is if you did you DD and have true conviction then stay the course. God bless.
agreed. I guess my comment was driven by the posts that seem to be generated by greed and high hopes and not deep DD... I meant NO disrespect. blessings. Rick
shelf is 100mm. They could bring those into float at anytime. Yet, they have enough cash on hand to cover 2015 at current burn rate. unless, they start some non mentioned trials.
Dips are being bought. Held back. I think Sub 5 days are gone as of Monday. Yet, I'm often wrong just as my wife and son. Have a great weekend everyone. Blessings from Cabo.
thank you. I was referring to partners not investors. Was SUMO included in the phase 1 clinical trials ? or was it done via only using the SERCA compound ?
Thanks Te. good points all around. I believe anything sub 18.50 is a good entry prior results. I believe the FDA bio momo crowd will show up any day churning this small float up to 30 plus. Have a nice evening