Since you imply that you know why it sold off I am certainly wanting to learn all I can. So what reason did this stock have to sell off?
I sure wish I would have trusted my gut on this one and bought more when it went down in the 6s. But I will be ready next time if it happens here or on another stock that falls for no apparent reason.
That's what I said yesterday might be happening, that some buyers at the 2-3 dollar level were probably scared of losing thier profit so they were selling. Getting as low as it did though was puzzling. I think from the other posts I have recieved I am getting it.
Thanks. Learning alot.
Very informative. thanks.
It is clear even to a fairly new investor like me that this stock is being manipulated but I don't understand how? I know that stop losses are taken out but how do the manipulators get people to start selling in the first place? Do they sell to each other to get the momentum down going? The selling has been relentless and unless there is really someone who knows disaster is looming I just don't understand people selling this stock. I don't use stops because I have been taken out before to my disappointment.
Almost in the bag but not quite.
I was so sure that this stock would stay above 8 and now this. Even when a company in this space seems to have everything going for it you see that it is still very fragile. I'm not selling but I am getting a very valuable education.
I agree that someone big is exiting. It down pressure was just too unrelenting. But who would want out on this now?
For an example DNDN right before it launched eventually to $50 it sank from 6.50 to 2.50 for no apparent reason. there were others but if you look at the 5 year chart you will see what I mean. Maybe a hopeful sign rather than a discouragement. Just trying to stay positve
How do they pull this off. I totally agree but people have to sell for them to do it and it seems crazy anyone would sell at this price. Especially retail buyers.
Whoever is buying shares at this price is getting a bargain I never expected to come back. I bought it originally at $2.00 but have bought more at 6.50 to 7.00. Good move on the part of anyone who had the patience for this to come back to this price.
I can't imagine anyone selling this stock here unless it is people who bought in at 1.50 to 3.00 who are wanting to protect their profit and are thinking they can buy back in the low to mid 6s. I can't believe the stock will go back there but again I didn't think it would fall below $8 again.
You keep saying this as though you are an expert. Ok I'll give you a chance to prove it. What time span do you have for a $5 price target? You can give me any time you want just give one too me so I can keep it on record and can congratulate you when you prove you are right.
Pharma you must short alot of stocks. I see you on all these boards and the minute a stock starts to climb you appear with this same headline. What is it with you?
Buyers must be heading out for an early weekend. This is really low volume today.
This stock is not impacted by tapering talk. The next positive news for this company will send it over $9.
I have a feeling you have made very little on anything because you are waiting for the mysterious pull back that isn't taking place. Besides I have made money on this stock. Sorry.
Gary
That's exactly right. Hoping this goes to $5 is not a strategy it is foolishness.
When someone says "told ya" I would expect the price to have hit what they were predicting. Are you an adult? When it hits 5 you can say I told ya. Right now it is at 9.20. Thats a far distance from 5