I used to get company stock. Most of us ended up with almost all of our life savings in that one stock. Not money you want to gamble with. Even though I worked in finance, I didn't always know what to expect from earnings. Top executives kept everyone in the dark, as they're supposed to do. I had every confidence in the company. Stock had done very well over the years. Still, everyone knows not to keep all your eggs in one basket. I did diversify, most of us did. If I had worked at a biotech that recently fell by more than 50% and then recovered, you bet I would sell some. How much of your total net worth do you put in one stock? People who work there don't necessarily know as much as you think. In fact even top execs don't know what's going on with studies, to keep results impartial. So, imo they're being smart. I took some profit, too. But I will hold some...
Halt was lifted, drug works, competition works both ways, small means lots of room to grow ie bigger potential roi and also prime buyout target, again competition works both ways, price swings are normal in biotech stocks, yes I'm delusional... by the way you're making a good case for a buyout. Drug works, company is cheap, and it's better to have a corner on the market... one of those competitors is likely to buy this one up. Especially since buyouts are in fashion and executives love following trends ;)
Guess I don't know the finer points of pumping. Just remember this is the 'only stock you need to own' because we're all gonna have RFID chips or something like that. Although RFID already seems like old tech
This thread explains a lot. What about the doctor who made very positive comments about the drug? Is he legit, or a shill? If drug does work we're looking at a major buying opportunity.
I prefer the long position, but short is more logical based on company history. They have never met any deadline, nor have they ever sold any of their supposedly hot, disruptive products. I like long simply because of the bigger upside potential you mention, but it's priced that way for a reason. Short is the 'safe' play right now. Either way tread carefully.
Can't be worse than ampe, they accidentally froze their test samples... and didn't notice until after the whole study was over lol
You should try thinking for yourself. Someone told you that my opinion makes me an ignorant fox news watching right wing nut. anyone who dares have a moral belief must be dumb! I will have no morals at all and that will make me intelligent! that's how they make you a slave. you can't even think for yourself, don't even think the concept of right and wrong is worthy of contemplation. so they can turn your whole world upside down, turn it into an awful cesspool, and have no idea what is going on.
"Is Asterias doing embryonic stem cell research?" = a question. Why so condescending? Do it seem silly and childish to voice a position on morality? lol