I think PPS is holding here because it's well known that scripts may pick up considerably, but may take months.
The CEO talked about single digit millions, tens of millions, and potentially over a hundred. My impression was that the low end of that could come in late this year or early next, and maybe up to tens of millions for next year. Not much to go on right now
I'm content to wait for real news to come in, and I'm patient enough to accept that it may be months. Happy that they've given us some lifelines along the way. Job postings are not important, though. The GTAT message board was full of talk about job postings and hiring, people claiming to drive by the facility and see activity that somehow "proved" they were doing great. Then all of a sudden they filed bankruptcy. I'm not saying ONVO is in that kind of condition, my point is that job postings and hiring mean nothing and I personally don't like that kind of speculation. It just seems like desperate long investors who are in over their head and grasping at straws.
That all you can think of? If they announce a deal, or sales, what then? Truth is that the only negative "news" has been basher fud
this is in rebound mode now. I'm not going to predict how much of a rebound, and I'm sure it will still be a rocky road. but enough good news plus new coverage makes me think current action, up on strong volume, is more than just one little catalyst. those who called a bottom a few days ago appear to have nailed it :D
Nice to have some positive news. Hopefully the pps will get some support. Without #'s being announced I'm a little worried that it will do another fade. Maybe, just maybe, on top of the kidney news, this can get a longer term uptrend started. Dare to dream ;)
Bigger fool is just a cynical viewpoint. I don't believe there has to be a winner and a loser on every trade. Yes I am a trader mostly. Investing in a sector like this is very tough. Can gold double from here? Maybe, but if gold doubles or triples, probably means the world is blowing up. It's just a hedge against disaster imo