uh duh, the 2 cent move is why I say the pump failed. There were a lot of pumpty postings combined with 'The Street' article. They failed. Were probably hoping to dump around .45. Just my guess of course.
Smells like a pumpty dump to me. Now that CUR management has guided this into penny stock hell it does not take much money to manipulate volume and price. Throw in a random "endorsement" from some hack site and that is all you need, of course this is just my opinion.
Once it starts to move up look for a bunch of new posters making wild predictions of $1, $2, $50 per share.
Man, talk about "WINNING !" the shorts from April totally scored on CUR. Complete and total smack-down victory.
Congratulations to them.
Sirius (SIRI) did it. Dropped to .05 cents per share in Jan 09, now at $4.00. They were ruled by shorts who held bonds for many months after though. I loaded up at .14 to .16 cents and sold in the mid to high $3's, traded it quite a bit too on the shorts manipulation swings..
I don't expect that kind of turnabout here though because SIRI actually had a growing revenue stream at the time.
32 - 33 cents is apparently the market value of CUR & it is my opinion that the volume you see each day is simply market maker algorithms trading the same shares back and forth to give the appearance of liquidity.
Sad commentary that STEM has a higher market valuation by over $4 million. Sad indeed.
The irony here is that after @ 2 years of nearly no news or PR's from CUR, during a time when they could have reported positive news, we now get a PR of bad news about every third day. Funny.
From the 10Q, it seems that this almost consumes the entire Million or so just raised. But investors need to take it on the chin, like a pro. LOL
"On March 1, 2016, we entered into a general release and waiver of claims with I. Richard Garr in connection with his resignation as our chief executive officer. Pursuant to the release, timing of the required severance payment to Mr. Garr was amended as consideration for Mr. Garr’s voluntary resignation and release. Pursuant to the release, Mr. Garr will: (i) continue to receive his monthly salary of $36,667 until March 1, 2017, (ii) receive a lump of $177,000 to be paid on June 1, 2016, January 1, 2017 and March 1, 2017, (iii) receive healthcare benefits until January 1, 2017, and (iv) be entitled to the immediate vesting of any previously outstanding but unvested equity awards."
Well, let's compare the one year charts, hmmm, CUR down down 81%, STEM down 70%.