maybe you don't understand that it costs millions and millions of dollars to produce and then get approved by the FDA (maybe a 10% chance)...in the mean time the will keep issuing stock to raise money to pay themselves
because they scammed people out of their money... There was no reason for this thing to go to $47...something fishy on the inside
ok, smells like jellyfish ! They almost get delisted, miraculously they show a positive earnings report, and Mr Wang owns over 9 million shares
and they had it pumped with a $60 target price, now they are screwing the longs.
should be illegal to halt stock for news
I wouldn't buy this stock until they have a positive earnings report...that may not be for quite some time
steady decline over next year...ran its course
made a ton of money off all the suckers buying in the upper $20's