If there was any real negativity the volume would have been larger. I guess some profit taking is going on in addition to manipulation by short side. Next week we will start a pre-er run.
The only guess I have - shorts are holding it down by shorting more.
I think I've seen the same happen with this stock at least 4 times over the last month. What's going on ? Do shorts try to cover in big bulk and then let go, so it slides back with small buying interest ? I am clueless.
I think that phrase taken by me from the SA article is not claiming 90 drug approval, it claims 90 FDA response for Pre-Market approval. Am I missing something ?
On December 4, 2013, the company submitted a Pre-market Approval (PMA) application to the FDA for the plasma indication. Using the FDA's 90-day guideline for review, Cerus should expect to hear about approval by the end of February or very early March for that indication.
you can't compare those . it all depends on industry, stage of development, growth etc.
Options point at the top near $8 Is that all ? I mean it is still 50% up which is great. just asking,
I will be surprised too and #$%$ off
I bet people are not selling anything last few days - only MMs are selling to each other and shorting more to keep the price down
I am long but I agree - total BS. this $5 rule is gone long time ago. back in 2009 when market crashed hundreds of good company went below $5. Nasdaq had to reconsider its listing rules too.