This has been a recommended stock by analysts for many months while all this did was fall.
If they all recommend it then why does nobody support the stock price?
And definitely don't buy based on all the #$%$ posted on this board.
Remember nvgn did a 1 for 25 reverse split last year and will now try and raise the cash they sorely need.
They have no approved drugs, and if the scientific evidence was really that good, you would see much more research from big pharma in this area.
It ain't gonna happen!
With debt exceeding cash on hand.,you know it's coming.
And how much of a cash div. would you expect them to pay?
I would rather see them stop paying it in stock and start buying shares back.
Get er down to 6 million shares and see what this does.
Stop all the options grants and put a limit on what mgnt can sell.
They will drop this fast and quick, just as soon as they suck up all the suckers willing to buy at these high prices.
Don't get left holding the bag on an overpriced pump job.
If you're smart you will dump the CAT and buy QCOR which is set to skyrocket in a few days on blowout earnings and the just increased dividend.
It's so easy and don't forget to thank me.