at least it stay above $1 from the LOD.. today is a good day for buyers to invest in high quality stocks.. unless smart investors know something that retail investors don't.. this is frustrating to say the least...
my bet will be no change in FED policy for now.. if taper is announced, market crash could happen and shopping season could be halted.. upcoming earning reports will not meet expectations and equity markets drop further.. this will destablizing the world economy.. will see if the FED is listening to my free advise.. LOL
Wall Street is a scam street to allow an unknown, unregistered analyst to make bogus coverage with a low target stock price. If they can do that with RMTI, other biotech companies are not safe:
Rockwell Medical (RMTI) stock plummeted to below 10 on the stock market today after an analyst questioned the validity of the firm's clinical trials, despite another analyst's rising to the defense.
Late Monday, Brean Capital analyst Jonathan Aschoff initiated coverage of the stock with a sell rating and a price target of 4. Rockwell Medical stock was down 25% in midday trading Tuesday, near 10.
Aschoff was unimpressed by the recently completed clinical trials of Triferic, a drug to treat iron deficiency in patients with chronic kidney disease receiving dialysis.
"A key employee termination and resulting lawsuit further speaks to inadequate Triferic testing, in our view, where a former (vice president) of drug development and medical affairs warned Rockwell that its Phase 2b trial did not adequately show efficacy or dose-ranging information to proceed directly to Phase 3," he wrote.
He projected flat future sales for the company, which drew $50 million in revenue last year from its dialysis-related products.
Tuesday morning, Summer Street analyst Carol Werther advised buying on the stock's weakness, and dismissed Aschoff's objections. "Every single accusation Yocum (the former employee) made has been proven false by clinical facts. The dose worked. Patients were safe," Werther wrote in a research note.
Werther maintained a buy rating on Rockwell stock, with a price target of 25.
clinically is a good news, did AGEN project the potential revenues for this exp.therapy ? stock price doesn't seem to respond well to the recent good news released by the company...AGEN market caps should be 500Mil by now.. Unfortunately, MMs are keeping $90milin market caps with $35mil in cash and a rich pipeline of cancer cure products.. what can you do when Wall Street cartels not to let stock price holds above $3/shr.
take your bulls$%t somewhere else.
I'm long and tend to agree with you... this movie is a replay..once a month, this stock jumped above $3 shortly, and then pulled back below $2.5 the rest of the month.. apparently shorts are holding this stock down, and no demand to force shorts to cover their positions, unless M&A announcement..
I know who I am, I only use one ID, not like these paid pumpers trying to hide behind different IDs to pump and mislead investors. I talked as a 3rd person to present my point, my position is consistent.. over-pumping is not healthy. Only fools married to one stock. Smart investors know when the stock is over-valued and when the stock is a fair value..
I'm long 5000 shrs as of yesterday.. but I will exit if it drops below 20's.. the ultimate goal is to get 1 product approved by FDA and generating revenue before speculating $bil in revenues or M&A as some of pumpers are speculating..
if his bashing drives CLDX down, then it is time to learn a thing or two from him.. instead of fantasizing these bs speculations that not helping stock moves 1 cent in your direction.. you guys need medications and rehabs.. Casa knows what he's doing...
stop promoting these baseless non-sense speculations...let focus on the science and FDA approval..
90% institutional ownership won't help to defend their investments ? that is what I was hoping, but stock prices show otherwise..
Really ? It took 2 years to get to 10 bagger status ?... try 30 yrs and don't count chicken before they hatch.. many pumpers on this board are the first timer at the rodeo, that fresh smell of cow manure making them hard on.. they keep pumping and pumping w/o knowing that this movie is a replay several times before.. same plot, different actors, showing at the different time slot...
CLDX " was w/o product lots of hope and promise".. do you think CLDX is different today ? how ? 21 years ago, CLDX was traded @$169/shr because investors believed that CLDX has drugs that cure all forms of cancer, same promises made 12 yrs ago (2000) and stock hit $225.. and now, many pumpers on this board keeps talking about long term investments instead of watching out for the same scam repeats every decade or so.....
Your question was: "so why are you living so far back in the past and using that as an INDICATOR to predict the Future?"
My answer is: if you've been investing in Bios for 35 years, why 21 yrs is too far back to remember ? why do you think using history as an INDICATOR to predict the Future is the bad thing ?
I'm sure you would invest with Bernie Madoff as soon as he released from prison because he's a different man, he had paid his sins.. and you would condemn other investors about living in the past of Bernie's frauds, and ponzi scheme heh ?
manipulators continued to keep this stock at base despice great news.. IMMU needs to announce partnership or M&A and I bet you MMs will keep below $5... this game is rigged by WS cartels in NY..
in 1990's, CLDX stock was $250... look at the chart before open your mouth again.. CLDX has been in the cancer curing business for the past 30 years.. they keep re-branding themselves every 10 years after stock price had collapsed.. apparently many of these pumpers have never seen the CLDX stock chart, nor understanding how the black pool works.